|
|
|
|
|
|
by OneMorePerson
1034 days ago
|
|
|
As far as I know (correct me if I'm wrong), indexes do blindly buy stocks but they only buy once a quarter or so (roughly) so unless they IPO at the exact "right" time, its not going to just grab it up right away. If its that volatile its going to be bought up after the significant losses happen, if it gets bought at all. Also the 90% loss is from the initial release which happens to private investors, mutual funds typically don't get into it until it's more publicly available (later stages), and this stock has only dropped ~35% since becoming publicly available. |
|
|