what is the quiet period after an ipo
Initial public offering The other "quiet period" refers to a period of 10 calendar days following an IPO's first day of public trading.[34] During this time, insiders and any underwriters involved in the IPO are restricted from issuing any earnings forecasts or research reports for the company. When the quiet period is over, generally the underwriters will initiate research coverage on the firm. A three-day waiting period exists for any member that has acted as a manager or co-manager in a secondary offering.[34]