noun
- the practice of applying for shares in a new stock issue with the intention of selling them immediately for a quick profit
Usage: finance; British
verb
- present participle of stag: attending a social event without a partner
- present participle of stag: applying for shares in a new stock issue to sell them quickly for profit
Usage: informal
Usage: finance; British
Examples
- Stagging was common during the dot-com boom when new tech companies went public.
- The investment firm made profits through stagging newly issued shares.
- He’s stagging it to the wedding since his girlfriend is out of town.
- She decided on stagging the company party rather than bringing a date.
- Many investors were stagging the IPO, hoping for immediate gains.
- The practice of stagging requires careful timing and market knowledge.