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With no underwriting Banks to support the IPO the price is steadily going down since the open...
by SirLJ 9y ago
With no underwriting Banks to support the IPO the price is steadily going down since the open...
- kolbe 9y agoThere is no IPO price. This is not an IPO.
- SirLJ 9y agoPrecisely... How much down did it close at the end?
- kolbe 9y agoThere is no "down" because there was no IPO price to begin with. price_change = current_price - previous_price. There was no made up IPO price on Monday, so there was no made up level to defend. The only previous price we had was the last private round. And I think the close was about 60% higher than their last funding round.
- SirLJ 9y agoOpen for regular investors to trade at 165.90, close at 149.01 = almost 10% down for the first day... Today open at 140.00 another 6% gap down...