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They'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
by vikramkr 6y ago
They'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.