IPO Grey Market Premium
The IPO GMP (IPO Grey Market Premium) represents the price at which grey market investors are willing to pay for a particular stock. Grey market (also known as grey market) is a non-recognized stock exchange that allows traders to purchase and sell shares in an informal setting.
Because the IPO GMP indicates the premium someone is prepared to pay, it is frequently used to estimate the price of a public offering’s debut. Although not always accurate, the GMP of some IPOs has reliably anticipated ultimate listing prices.