sanitation@lemmy.today to Technology@lemmy.worldEnglish · 5 days agoThe average SpaceX buyer post-IPO is almost under water after two-day slidewww.cnbc.comexternal-linkmessage-square74linkfedilinkarrow-up1413arrow-down114
arrow-up1399arrow-down1external-linkThe average SpaceX buyer post-IPO is almost under water after two-day slidewww.cnbc.comsanitation@lemmy.today to Technology@lemmy.worldEnglish · 5 days agomessage-square74linkfedilink
minus-squarethejml@sh.itjust.workslinkfedilinkEnglisharrow-up41·5 days agoI mean, is it really an IPO if it isn’t insanely overpriced when initially offered?
minus-squaretoofpic@lemmy.worldlinkfedilinkEnglisharrow-up19·5 days agoYeah, I would say it’s quite usual to see a big dip right from the start. It’s just hamsters for whom buying Space X is their first trade don’t know about that
minus-squareEinskjaldi@lemmy.worldlinkfedilinkEnglisharrow-up6arrow-down1·4 days agoInitially no, they’re designed to be under so that it surges after ipo, that makes it look good performance.
minus-squareSerinus@lemmy.worldlinkfedilinkEnglisharrow-up6arrow-down1·4 days agoWell this one’s designed to slip quickly into index funds and forced buying, so it makes sense to be high.
minus-squareNotMyOldRedditName@lemmy.worldlinkfedilinkEnglisharrow-up1·3 days agoWouldn’t they rather it not surge too much though, since in this case, thats billions that was left on the table.
minus-squareEinskjaldi@lemmy.worldlinkfedilinkEnglisharrow-up1·3 days agoI think it’s done so that the price goes up and benefits all the long term share holders.
minus-squareColeSloth@discuss.tchncs.delinkfedilinkEnglisharrow-up1·4 days agoThe IPO was $135. Right now the price is at $181
I mean, is it really an IPO if it isn’t insanely overpriced when initially offered?
Yeah, I would say it’s quite usual to see a big dip right from the start. It’s just hamsters for whom buying Space X is their first trade don’t know about that
Initially no, they’re designed to be under so that it surges after ipo, that makes it look good performance.
Well this one’s designed to slip quickly into index funds and forced buying, so it makes sense to be high.
Wouldn’t they rather it not surge too much though, since in this case, thats billions that was left on the table.
I think it’s done so that the price goes up and benefits all the long term share holders.
The IPO was $135. Right now the price is at $181