4 ms·
No pop does not = bad IPO. Pandora raised more capital than intended as the final IPO price of $16/share was about double that of the initial target IPO price r
by dannylipsitz 15y ago
No pop does not = bad IPO. Pandora raised more capital than intended as the final IPO price of $16/share was about double that of the initial target IPO price range of $7 to $9. The lack of stock price volatility in the market is often a good thing as it allows the company a clearer picture of its capital base.
- jordanb 15y agoPandora didn't get any of that "pop" capital. It went to investors who were able to sell on the first day.