New IPOs going live TODAY (2nd July)

This will be a learning experience for me. Not seen this much heat around an IPO that I’ve been actively monitoring so keen to see if it surges and maintains a higher than launch average.

Now up to $42. Effectively about 38% hike beforer even open. Christ!

Watch Snowflake do the same when it IPOs lol

F*ck, I know.

Will be requesting that as fractional at the same time. :smile:

I thought they were starting IPO at $29?

Careful of that FOMO, boys and girls.

Steady… steady…!

That means they’re valued at around 2.5bn now…

how is this possible? how can it increase even before it opens?

Guessing preferential shares are the answer. Institutional, private equity, and preferential shareholders get first dibs and are inflating the price before ordinary shares become available.

Must be - I’m shocked tbh. Great company, but they aren’t even going to make money for the first 5 years…The CEO’s promise - Not mine.

That’s why I’m just watching, just too high for very little return. It also concerns me with no profit but maintaining a massive wage bill for those at the top.

Have T212 made an error? Can’t find anywhere online that is saying price is $42…

They pull data from Interactive Brokers, whose data you can’t see unless you are in a trial or are a member. Couldn’t tell you but perhaps they see the pre-live trading and are reflecting.

Thinking $29 is a pipe dream at this point :smile:

It’s good to have a dream lol

My order just keeps disappearing…
Has anyone bought any shares?

It exists today, I call it imaginary order, how it works?

You imagine you put order at imagined priced. You basically set and forget about it.
Then 10 years from now you sell for imaginary profit.

Works like a charm :beers:

Think I’ll go see what Accolade is doing…:wink:

Ooft, the wee avatar is loaded already… now I have to buy it! #magpie

Great tip! Imaginary retirement is gonna be sweet :joy:

It appears not much at present lol