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This is pretty normal for tech stocks. Most have a big pop on the first few days of IPO and then they drop. After 180 days, insiders can start selling shares so
by phyzix5761 4mo ago
This is pretty normal for tech stocks. Most have a big pop on the first few days of IPO and then they drop. After 180 days, insiders can start selling shares so there's another drop around that time due to a higher supply for shares on the sell side.
- carabiner 4mo agoIt's Probably Overpriced
- dlcarrier 4mo agoMost stocks are. The price to earnings ratio almost never justifies the value.
- Yizahi 4mo agoThis happens witch such predictability and not only in IT stocks that I started to wonder, if that is not illegal? I mean, illegal in a spirit of insider trading laws, not literally illegal.