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It absolutely it not normal. If there was ALWAYS a 15% pop, then IPO prices would be 15% higher.
It absolutely it not normal. If there was ALWAYS a 15% pop, then IPO prices would be 15% higher.
It's not a given that a stock that just popped 15% trades the same as a stock that was offered at a 15% higher price in the first place.
No, because you absolutely want that pop, so you get positive press. The last thing you want is an IPO where the price goes down