BizTerm Definition
Road Show
Full Definition

When a company launches its IPO, management schedules a nationwide series of lunches, breakfasts and dinners to make its pitch to institutional investors. These presentations are organized by the lead manager and are held at hotel dining rooms in major cities. Usually, but not always, the road shows start overseas, then move to the West Coast and finish in New York or Boston, which have the highest concentrations of large institutional investors. For particularly hot IPOs, these presentations attract hundreds of investors who are jammed 10 or 12 to a table.

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