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Uncle Joe

(65,903 posts)
4. It went from 174 to 160 in one day
Sat Jun 13, 2026, 03:05 PM
Saturday

That's almost a ten percent drop in one day, and the average IPO appreciates 15-20 percent in one day.

I don't view -20-25+% underperformance in the first day of an IPO's offering as showing any sign of stabilization.


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