A speculator who applies for new share is ________.

a stag
middle man
jobber
lame duck

The correct answer is A. A stag is a speculator who applies for new shares. A stag is a person who buys shares in a new company at the time of its initial public offering (IPO) in the hope of selling them at a profit soon after.

A middle man is a person who acts as an intermediary between two parties, typically in a commercial transaction. A jobber is a person who buys and sells shares on the stock exchange. A lame duck is a politician who is no longer in power and is seen as having little influence.