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Could this be due to short demand from insiders to protect the IPO value of their stock until the lock-up period expires?
by thisisfmu 15y ago
Could this be due to short demand from insiders to protect the IPO value of their stock until the lock-up period expires?
- dustingetz 15y agomy colleagues have some finance background, they think it's because its a brand new stock, and current holders aren't sure what's going to happen so they don't want to decrease their agility by lending out shares to shorters. Long term holders would be more inclined to lend shares but its too soon for anyone to make a long-term commitment to LNKD.