Most people only see IPOs after the price resets at the open. Institutional investors and select clients receive allocations at the offering price, while everyone else waits for the exchange to start trading and buys at the market price. The…
Most people only see IPOs after the price resets at the open. Institutional investors and select clients receive allocations at the offering price, while everyone else waits for the exchange to start trading and buys at the market price. The…