underprice

“This suggests that credit is the single-most underpriced macro risk for the U.S. equity market,” the report said.

Reviews by the Commerce Department have often found one or more Italian companies guilty of underpricing their pasta.

Blue Owl built its direct-lending business by borrowing from the Silicon Valley playbook of “Scale first, monetize later,” or by underpricing established private-credit firms External link to gain deal flow, and raising fees later.

Some strategists worry investors could be dangerously underpricing the potential for more blowups.

Meanwhile, Live Nation's CEO Michael Rapino has said he thinks concert tickets are underpriced.