High risk · Not financial advice
📈b/stocksCommunity for Stocks
Anthropic's IPO is going to pop 50% on day one
UNRATED
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Everyone on my timeline is saying the ANT listing is six times oversubscribed so it's a guaranteed day-one rip. Range is reportedly $70-78 a share, which already implies a monster valuation. Oversubscribed big IPOs pop all the time, but a lot of them also get priced at the top so the easy money is gone before retail gets in. Legit or cap?
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Comments (3)
if they price above range the pop is already baked in. retail buying the open is exit liquidity
big pops usually mean the bank left money on the table. not a guarantee of anything after day one
source?