There is rarely a significant change in stock price when an OTC stock becomes listed on a national exchange.

Question

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A strong upward movement is associated with securities that are to be listed, but there is also a strong sell-off after the event has occurred. Research by Van Horne, Fabozzi, and others indicates that the total effect may be neutral. Research by Ying, Lewellen, Schlarbaum, and Lease (YLSL) would tend to indicate an overall gain.

There Is Rarely a Significant Change in Stock Price When