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I always imagined that companies that have their stock price "pop" after IPO would've been better off doing a DPO instead (like Spotify) since they would've got
by thekyle 6y ago
I always imagined that companies that have their stock price "pop" after IPO would've been better off doing a DPO instead (like Spotify) since they would've gotten more money.
- vikramkr 6y agoThey're engineering it to pop on purpose to play into investor psychology. Getting the IPO oversubscribed and getting headlines about first day performance is a great way to get people to keep talking about and investing in your company.
- valuearb 6y agoNot after the stories about how first day buyers got hosed when the stock is flat or down over the next few months.