$10,000 in $SPCXB at the IPO price of $135 became $11,922 when the stock closed at $160.95 on day one, that is a $1,922 gain in a single trading session without doing anything except getting allocated shares, but here is what I think most retail investors got wrong
SPCXB
169.79
+0.89%
They saw the 19% day one gain and bought more at $160 to $175, expecting more of the same, SPCX has since pulled back to $160 and those buyers are flat or down, the lesson is that the money in an IPO is almost always made by those who got in at the offer price not the opening price.
NVDAB
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TSLAB
412.47
+1.55%