sanitation@lemmy.today to Technology@lemmy.worldEnglish · 21 days agoThe average SpaceX buyer post-IPO is almost under water after two-day slidewww.cnbc.comexternal-linkmessage-square79linkfedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkThe average SpaceX buyer post-IPO is almost under water after two-day slidewww.cnbc.comsanitation@lemmy.today to Technology@lemmy.worldEnglish · 21 days agomessage-square79linkfedilink
minus-squareEinskjaldi@lemmy.worldlinkfedilinkEnglisharrow-up0·20 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-up0·20 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-up0·19 days agoWouldn’t they rather it not surge too much though, since in this case, thats billions that was left on the table.
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.