How Should Long-Term Investors Approach IPO Stocks?

·3-min read

Danny Vena: One of things that I really wanted to talk about here, and we talked a little bit about it. The average return for investors in IPOs for the 3rd and 4th quarters of 2020 was near record highs. Now you may recall that in the 4th quarter, that was when we had a number of IPOs that had triple-digit gains in their very first day on the market.

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