It appears “a one day pop of between 10 percent and 20 percent is the sweet spot for long-term performance,” according to Dealogic.īut there’s only so much investors can gauge from one day’s worth of trading. IPOs that popped between 0 and 10 percent on day one have current return of 69, and those that popped over 20 percent have a current return of 55 percent, the company said. The company analyzed returns of U.S.-listed IPOs since 2010 and found that those that popped between 10 and 20 percent on their first trading day have the highest returns to date, of 111 percent. That’s well over the average for tech IPOs, which have a typical first-day pop of 24 percent, according to Dealogic. Snap’s first-day “pop” - the amount it grew since the IPO price - was a remarkable 44 percent. Despite Snap’s popularity as a youth-friendly messaging platform fairly inscrutable to anyone over 25, research firm eMarketer notes that the platform is seeing the highest user growth in older age groups, including people over age 45 and even over 65.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |