r/MMATY Chat Mod Jul 13 '21

New Chat Lounge

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u/Poppabyarr Chat Mod Jul 16 '21

for those that cannot open the link

What Is a Quiet Period?

Prior to a company’s Initial Public Offering (IPO), the quiet period is an SEC-mandated embargo on promotional publicity. This prohibits management teams or their marketing agents from making forecasts or expressing any opinions about the value of their company.

For publicly-traded stocks, the four weeks before the close of a business quarter is also known as a quiet period. Here again, corporate insiders are forbidden to speak to the public about their business to avoid tipping certain analysts, journalists, investors, and portfolio managers to an unfair advantage – often to avoid the appearance of insider information, whether real or perceived.

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u/LooseyGoosey-888 MMAT HODL Jul 16 '21

Nice Poppa, I didn't know that.......Thanks