sanitation@lemmy.today to Technology@lemmy.worldEnglish · 2 days agoThe average SpaceX buyer post-IPO is almost under water after two-day slidewww.cnbc.comexternal-linkmessage-square79linkfedilinkarrow-up1405arrow-down113
arrow-up1392arrow-down1external-linkThe average SpaceX buyer post-IPO is almost under water after two-day slidewww.cnbc.comsanitation@lemmy.today to Technology@lemmy.worldEnglish · 2 days agomessage-square79linkfedilink
minus-squareEinskjaldi@lemmy.worldlinkfedilinkEnglisharrow-up6arrow-down1·2 days agoInitially no, they’re designed to be under so that it surges after ipo, that makes it look good performance.
minus-squareNotMyOldRedditName@lemmy.worldlinkfedilinkEnglisharrow-up1·24 hours 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-up1·23 hours agoI think it’s done so that the price goes up and benefits all the long term share holders.
minus-squareSerinus@lemmy.worldlinkfedilinkEnglisharrow-up6arrow-down1·2 days agoWell this one’s designed to slip quickly into index funds and forced buying, so it makes sense to be high.
Initially no, they’re designed to be under so that it surges after ipo, that makes it look good performance.
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.
Well this one’s designed to slip quickly into index funds and forced buying, so it makes sense to be high.