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On 2023-09-14 12:01 p.m., DirtBag wrote:
> Waiting for the OPENING.
> Going to snag a few on the open and see where it goes.
I don't understand IPO pricing. The stock was up 25% from the
IPO price, and this is considered a good thing? It looks to
me like Softbank and the other owners only got 75% of of what
they could have received.
Generally, IPO stocks will sell for less than the IPO price
within a year of the IPO.
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Scream
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Nov 1, 2023, 7:36:57 AM11/1/23
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I remember, FaceBook's IPO many Moons ago, opened over $40, then sold off to $25.
Latest price, floats around $300+.