RE: The Reality26 Sep 2021 09:11
@SprogBarnes, this is from Investopedia, it’s just a snippet but there’s plenty of info there -
“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.
KEY TAKEAWAYS
A quiet period is a set amount of time in which a company's management and marketing teams cannot share opinions or additional information about the firm.
The purpose of the quiet period is to preserve objectivity and avoid the appearance of a company providing insider information to select investors.
With an IPO, the quiet period stretches from the time a company files registration paperwork with U.S. regulators through the 40 days after the stock starts trading.”…………