Dictionary of Business Terms: blowout
blowout
Merchandising:retail items sold quickly at very low prices.
Securities:quick sale of all shares in a new offering of securities. Corporations like to sell securities in such environments, because they get a high price for their stock. Investors are likely to have a hard time getting the number of shares they want during a blowout.
Dictionary of Finance and Investment Terms: blowout
blowout
quick sale of all shares in a new offering of securities. Corporations like to sell securities in such environments, because they get a high price for their stock. Investors are likely to have a hard time getting the number of shares they want during a blowout. Also called going away or hot issue.