Definitions for "hot issue"
Keywords:  ipo, aftermarket, newly, demand, great
Stock, often an IPO, which is in great demand.
A security that is expected to trade in the aftermarket at a premium over the public offering price. (See Withholding)
Refers to a newly issued stock that is in great public demand. Since there is public demand for hot issue stocks, they usually rise rapidly in price at their initial offering.