noun
first stock quotation of the New Year
Specifically the first quoted price at the first exchange meeting of the New Year. A traditional market term.
大発会の初値は前年末より高かった。
The first quotation of the year at the opening session was higher than the end of the previous year.
noun
initial public offering price; IPO price
The initial share price set during a public offering. Used in modern financial contexts.
新規公開株の初値が公募価格を上回った。
The IPO price exceeded the offering price.