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A comment on Spotify opens on NYSE, valuing company at almost $30B. Parent comment

Re:Spotify opens on NYSE, valuing company at almost $30B by maxxxxx on Tuesday April 03, 2018 @01:33PM (#16747035)
I think they are dumping their stock on the public before the market takes a downturn. For most of these stocks the only way to go is down.
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Re:Spotify opens on NYSE, valuing company at almost $30B by froindt on Tuesday April 03, 2018 @01:48PM (#16747187)
Snap is certainly fitting that pattern. Down 48% in the 13 months since IPO.
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Re:Spotify opens on NYSE, valuing company at almost $30B by maaaats on Wednesday April 04, 2018 @01:24AM (#16752188)
If the only way is down, no one would have bought at current prices.

If the only way is down, the price would have corrected itself to the down level already. So there is no only way down anymore.

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