thejml comments on The average SpaceX buyer post-IPO is almost under water after two-day slide

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[–] thejml@sh.itjust.works 40 points 4 months ago (6 children)

I mean, is it really an IPO if it isn't insanely overpriced when initially offered?

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[–] toofpic@lemmy.world 17 points 4 months ago

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

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[–] Einskjaldi@lemmy.world 5 points 4 months ago (3 children)

Initially no, they're designed to be under so that it surges after ipo, that makes it look good performance.

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[–] Serinus@lemmy.world 5 points 4 months ago