Grill Maker Weber's IPO likely to outperform market expectation
$Weber Inc.(WEBR.US$ is likely to outperform its lower IPO pricing. Coupled with its reduced IPO offering, the market has set a much lower expectation for this IPO. But as in many times, the market can react rather unpredictably, and in this case contradicting its initially less than enthusiastic expectation for its IPO performance. Also this may come as a surprise for many as a handful of recent IPOs have actually disappointed during their public debut. Moving forward, with its market leader position in outdoor cooking, a target price from 20 onwards may still be achievable in the near to mid term.
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HuatEver : Interesting view, thank you .
HuatEver :
101767718 : Great
RRKN : Great
Southern Eagle : $Weber Inc. (WEBR.US)$ looks very appetising. Yummy
Syuee : Cheers to the IPO! So far so good yeah!
Krel : For the short term, I see potential in the company $Weber Inc. (WEBR.US)$ . In the mid term, we still have to see the management execution and debt/liability management.
HopeAlways OP Krel : Same sentiments. Thks for the input
garay : Very interesting insight. Public sentiment can greatly affect IPO prices making it unpredictable
102740471 HuatLady : I don’t understand this? Despite the fact that the reduced the issue price and also the issue size at IPO, the stock opened higher. Why?
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