Shift4 and VROOM are due to float and become public companies. Not sure which Index they will be listed on, but for companies who have jsut IPOed, what’s the lead time of them being available on Trading212?
Note: Haven’t done an extensive amount of research on either of the above companies so this is not an endorsement lol - please conduct your own research before buying stock in either of the above companies.
Right now there’s approximately 250 new stocks being added weekly. There’s an almighty backlog, however with enough demand, I dare say a new IPO could be fast-tracked!
I’m not aware how reporting, additions, and whatnot are made available to the T212 team. I’d personally love to see all new IPO stocks available on the day, but again I don’t know the work required to make that happen.
Thanks for this! Yeah, I do understand it will take time to process the backlog but I think Recently IPO stocks like you said should be prioritised. Easier now as IPOs have slowed down due to COVID and other events worldwide.
“Shift4 Payments was founded in 1999 and booked $776 million in revenue for the 12 months ended March 31, 2020. It plans to list on the NYSE under the symbol FOUR. Citi, Credit Suisse, Goldman Sachs, BofA Securities, Morgan Stanley, RBC Capital Markets and Evercore ISI are the joint bookrunners on the deal. It is expected to price during the week of June 1, 2020.”