What is a stock promoter? Back to list

Member SinceJul 08, 2021

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Kihn

Nov 24, 2022 a 07:54
A stock promoter is defined as a person or business entity that receives 10% or more of any class of securities or proceeds from the sale of securities, either directly or indirectly. In this case, the issuing firm may hire a stock promoter to represent a stock. However, stock promoters are not always associated with the company issuing the stock. Indeed, a company may be unaware that someone is promoting their stock or has gained control of enough shares to profit from a large stock movement.

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