IPO pop
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Jan 21, 2021 by Andrew Dudum · across every show →
Everything said about IPO pop, oldest first
Jan 21, 2021 negative
Dudum: First-day IPO stock pops signal severe equity mispricing and unnecessary dilution
“The fact that a company is doubling in value the first day It means that the company was taking money as part of the IPO at the wrong price, at a price that was probably 50% what they should have been doing. And so there's a huge amount of dilution that they i…”