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Also worth adding that they are only up %6 from the IPO price.
by mupuff1234 5y ago
Also worth adding that they are only up %6 from the IPO price.
- crowbahr 5y agoIPO price is just what the most enthusiastic investors hope it's worth. It's worth more than that, sure, but the correction happened almost immediately after the IPO. Which is why being so far up from its bottom 2 years ago is important.
- mupuff1234 5y agoThat's fair. Although measuring it from March 20' is somewhat deceptive as the whole marked dipped, that wasn't snap specific.