the market that exists for an issue after large blocks of shares have been publicly distributed.
- Also called aftermarket.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use secondary market in a sentence
The latest bids in the secondary market for Robinhood shares equate to a valuation of around $40 billion, according to data from Rainmaker Securities.Robinhood shares are soaring just like the stocks that trade on Robinhood | John Detrixhe | February 11, 2021 | Quartz
For the past several months, the Federal Reserve has been buying mortgage-backed securities — or MBS as they are often known — which are bundles of mortgages sold on a secondary market.
More recently, it has fetched a valuation of about $5 billion on the secondary market, Bloomberg has reported.Asana is valued at $5.5 billion after direct listing debut | Verne Kopytoff | September 30, 2020 | Fortune
The secondary market valuation is an important element of a company’s price discovery process in a direct listing, since no new shares are sold.Asana files for direct listing amid slew of software IPOs | Verne Kopytoff | August 24, 2020 | Fortune
Asana has recently been trading on the secondary market at a value of around $5 billion, a person with knowledge of the matter told Bloomberg this month.Asana files for direct listing amid slew of software IPOs | Verne Kopytoff | August 24, 2020 | Fortune
Over the past three years, Michigan has had an average price close to $200 on the secondary market.Is Any College Football Coach Worth $60 Million? Jim Harbaugh Is | Jesse Lawrence | December 20, 2014 | THE DAILY BEAST
Just four years ago, the average price for Clippers tickets on the secondary market was less than half that of the Lakers.How to Rescue the Clippers From Donald Sterling’s Racist Clutches | Jesse Lawrence | April 29, 2014 | THE DAILY BEAST
As it is, amidst mixed reviews and controversy, prices for the Bangerz tour on the secondary market continue to drop.Time for Warning Labels on Miley Cyrus’s Licking and Twerking Concerts? | Jesse Lawrence | February 25, 2014 | THE DAILY BEAST
Some states use the system on the secondary market, others do not.
Some use the system for background checks on purchases on the secondary market and others do not.