The Myth of the Broken IPO
2019 has been a big year for IPOs, and many of them have seen huge swings on their first day of trading.
In this Industry Focus: Tech clip, Fool analyst Joey Solitro explains why he hates the terms "broken IPO" and "mispriced IPO." Tune in to hear why a swing on day one of an IPO doesn't mean much of anything about the company itself, why he looks at companies in 10 to 25 years stretches, what some paradigm shifts in the venture capital world mean for the IPO market today, and more.
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Source Fool.com
