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Isn't -80% pretty typical for IPOs in the same time period?
by onlyrealcuzzo 5y ago
Isn't -80% pretty typical for IPOs in the same time period?
- stusmall 5y agoNo. I did a quick check on stocks that IPO'd in April 2021. In general, it's true that IPOs from then aren't doing well. Only about 12% are positive. COIN is still doing worse than most though. It's in the bottom ~28% from that time period.
- onlyrealcuzzo 5y agoWhat's the median?
- TacticalCoder 5y agoIPO I don't know but compared to the 2021 peak, Cloudflare is basically down 75% too. Rough time for quite some stocks.