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> When the IPO market is hot and it is easy to list, that may be a bad time for retail investors to buy IPOs when they start trading. Yes, it's a known phenome
by fairity 4y ago
> When the IPO market is hot and it is easy to list, that may be a bad time for retail investors to buy IPOs when they start trading.
Yes, it's a known phenomenon that IPO's that list during periods of high activity perform worse over time. See https://onlinelibrary.wiley.com/doi/10.1111/j.1540-6261.1991.tb03743.x https://onlinelibrary.wiley.com/doi/10.1111/j.1540-6261.1991...