this post was submitted on 21 May 2026
149 points (97.5% liked)
Technology
84875 readers
5278 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
the whole point of IPO's is bagging algo/unsophisticated retail traders/institutional $ that has to trade a certain way.
spaceX will be IPO'ing into the SP500 right from the start, given an exception to a long held rule againat stuff IPO'ing there which was made specifically to prevent this type of thing.
all the various ETF's and funds that track the sp500 have to buy in, everytime a ticker gets inckuded into the sp500 the price is ran up beforehand specifically to bag those people, an IPO will 100x worse...but insiders/early buyers will make a killing