Well – it would appear that Day One proved relatively lackluster with a closing equal to its opening. Now, there were some NASDAQ issues that came into play but considering the IPO set a record for trading volume that day one would think the value would have changed more than that. Perhaps that was merely an automated system buying and selling in huge arbitrage situations.
I suppose after a weekend of “cooling off”, we’ll see whether the big investors initiate a dump on the symbol to massively lower its value and then pick it up on the super cheap (and likely a higher share percentage for controlling power).
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