The pricing of an IPO at less than its market value. Underpricing can be seen...

The amount by which an IPO's first trade exceeds its offer price, an indication of how much money the company left on the table by mispricing its IPO.

The difference between the closing or opening price of a product on the first day of trading and the initial offering price of the firm, expressed as a percentage of the initial offering price.

Undervalued security Underwithholding

Issuing securities at less than their market value.

Issue of securities below their market value.

underwrite underwriter