Definitely in the “good work if you can find it” bucket
magus
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Joined 3 years ago
Cake day: July 6th, 2023
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Definitely in the “good work if you can find it” bucket
The “IPO price” for institutions (banks, hedge funds, a tiny bit for retail brokers) was $135. It opened on the public market at $150-something.
Still perhaps more than the company is worth, but at this point an institution that fought to get in on the IPO would be down 23% (unless they dumped it, which plenty did).