As the article suggest, “rise on the first day”. But what happens after that? The last few months seen a number of big IPOs like Coinbase, Roblox and Lemonade.
On the first day volatility is crazy at opening. Go up very high and then boom. All the way down.
So unless you get in at a good price on the first day and maybe quickly sell off by mid-day and lock in the gain, better to sit back and chill.
Understand the company first then decide if you want to invest... or perhaps go in at a better price. 🐴👏
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Wilson_wu
:
I agree with you very much. The first step we need to do is to understand the company's background, not just the price
Wilson_wu : I agree with you very much. The first step we need to do is to understand the company's background, not just the price