stag

/stæɡ/ verb [T] (-gg-) informal

Definition

› FINANCE, STOCK MARKET to buy shares in a company when it is first sold to the public and then sell the shares as soon as the price goes up to make a quick profit: There will be the usual scramble as private investors try to stag the new issue and sell at a profit.

(Definition of stag verb from the Cambridge Business English Dictionary © Cambridge University Press)