Reported about 15 hours ago
Recent US IPOs have seen a remarkable increase with shares doubling on their first trading day at the fastest rate since 2021, with several companies, including Airo Group Holdings and Newsmax, reporting triple-digit gains. While this surge captivates traders, historical trends indicate that such rapid first-day gains often lead to poor long-term returns for investors, with many companies struggling to sustain their initial valuations. Market volatility and ongoing geopolitical tensions pose questions about the sustainability of this trend in upcoming IPOs.
Source: YAHOO