If I own something, I want to sell it for as much as the market will bear. I don't want to sell it and have someone flip it for a huge margin almost immediately.
How is a large first-day bump not considered a failure for an IPO? What is it about the situation that reverses a common sense understanding?
If I own something, I want to sell it for as much as the market will bear. I don't want to sell it and have someone flip it for a huge margin almost immediately.
How is a large first-day bump not considered a failure for an IPO? What is it about the situation that reverses a common sense understanding?