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by anthonj 12 days ago
Tbh I'm no5 sure I've even seen an IPO where the price didn't collapse initially.
1 comments
dofm 12 days ago
More than half of IPOs fall below their price in the first year and AFAIK it’s something like more than half underperforming market over the first five.

Basically an IPO is a bad bet for a five year position. But SPCX is especially bad.

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