sanitation@lemmy.today to Technology@lemmy.worldEnglish · 2 months agoThe average SpaceX buyer post-IPO is almost under water after two-day slidewww.cnbc.comexternal-linkmessage-square79linkfedilinkarrow-up1412arrow-down114
arrow-up1398arrow-down1external-linkThe average SpaceX buyer post-IPO is almost under water after two-day slidewww.cnbc.comsanitation@lemmy.today to Technology@lemmy.worldEnglish · 2 months agomessage-square79linkfedilink
minus-squarethejml@sh.itjust.workslinkfedilinkEnglisharrow-up41·2 months agoI mean, is it really an IPO if it isn’t insanely overpriced when initially offered?
minus-squaretoofpic@lemmy.worldlinkfedilinkEnglisharrow-up19·2 months 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-down1·2 months 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-down1·2 months 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-up1·2 months 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-up1·2 months agoI think it’s done so that the price goes up and benefits all the long term share holders.
minus-squareColeSloth@discuss.tchncs.delinkfedilinkEnglisharrow-up1·2 months 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