Hot Stock (Noun)
Meaning
Newly issued stock that is in great public demand.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The company's initial public offering was a hot stock, with shares selling out within hours of going on sale.
- Analysts were surprised by the sudden rise of the new tech firm, which quickly became the hottest stock on the market.
- The CEO was thrilled to see their company's stock become a hot stock, with investors clamoring to get in on the action.
- As soon as the company announced its IPO, the stock became a hot stock, with shares flying off the shelves.
- The financial news channel highlighted the newly minted hot stock as a "stock to watch" for savvy investors looking to make a quick profit.