Dr T on Twitter: Hard to understand why Issuers still allow this in underwriting agreements: "In connection with this underwriting, UNDERWRITERS MAY OVERALLOT [trade more than we offer) to MAINTAIN THE MARKET PRICE AT A LEVEL ABOVE THAT WHICH MIGHT..

Dr T on Twitter: Hard to understand why Issuers still allow this in underwriting agreements: "In connection with this underwriting, UNDERWRITERS MAY OVERALLOT [trade more than we offer) to MAINTAIN THE MARKET PRICE AT A LEVEL ABOVE THAT WHICH MIGHT OTHERWISE PREVAIL." [false price support]

https://twitter.com/SusanneTrimbath/status/1540136333888278529

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