Who are stags in the stock market?

An investor or speculator who subscribes to a new issue, expecting the price of the stock to rise immediately upon the start of trading is known as a stag. The sole aim of a stag is to sell the shares soon after allotment to realise a quick profit.

An investor, A speculator, Price of the stock, Start of trading, Sell the shares, Allotment, Realise a quick profit, Stag, Stock Market