IPO Pop
topic on 2 shows · 2 statements across 2 episodes
2 statements about IPO Pop, every show
Gilbert: First-day IPO pops harm existing shareholders via underpricing
“A pop is a bad thing for existing shareholders. It means that in the IPO, you incorrectly priced it too low, and then within one day, upside that should have, or really like is yours because it happened in all the intrinsic value was built all over these years…”
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…”