n.
A company with a stock price that rises dramatically following an initial public offering.
Example Citation:
"Many venture-capital investors believe that out of a portfolio of ten investments, only two will be 'moon rockets' — ventures that produce a big payoff with a successful initial public offering."
— Christine W. Letts, William Ryan, and Allen Grossman, "Virtuous Capital," Harvard Business Review
Related Words:
Categories:
New words. 2013.