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Shadow stock
The financial definition for Shadow stock:
First, a public company may create a stock that strips out the market wide movements for the purpose of rewarding managers. That is, the management might have done a great job - but the traded stock plummets because the market as a whole plummets. A second interpretation of shadow stock is a phantom stock that is created by a private company (i.e. that does not have stock traded either on exchange or over the counter) again for the purpose of performance evaluation and rewards.
Similar MatchesShadow calendarShadow calendar A backlog of securities issues registered with the SEC, awaiting the determination of an offer date.
ShadowsShadows The thin lines above and below the real body on a candlestick line.
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