Re:Square jumps in market debut
by chillydawg on Thursday November 19, 2015 @01:28PM
(#10596519)
It absolutely it not normal. If there was ALWAYS a 15% pop, then IPO prices would be 15% higher.
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It's not a given that a stock that just popped 15% trades the same as a stock that was offered at a 15% higher price in the first place.