If You Invested $10,000 in Guardant Health's IPO, This Is How Much Money You'd Have Now
Guardant Health (NASDAQ: GH) commenced trading on Oct. 4, 2018. If you had the foresight and luck to get IPO shares at its $19 debut price, your investment would be up 391%. A $10,000 investment would be worth just over $39,000, based on today's share price, which is hovering around $74.
Most everyday investors don't have the luxury of receiving IPO shares and must purchase shares during the first trading day. If investors bought at the opening trading price of $27.75 or at the first-day closing price of $32.20, a $10,000 investment would have grown to $26,760 or $23,062, respectively. That's a highly attractive return of 268% or 231%, respectively, in slightly more than one year.
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Source Fool.com
