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That's not really common. Pre-IPO shareholders who are not locked up sell into the IPO, not right after it. That said, you aren't wrong about volatility right
by shereadsthenews 8y ago
That's not really common. Pre-IPO shareholders who are not locked up sell into the IPO, not right after it. That said, you aren't wrong about volatility right after an IPO. Look at ESTC: debuted at $70 and traded as low as $58 a few days later ... then as high was $100 recently.