pull down to refresh

61 sats \ 2 replies \ @0xbitcoiner OP 9 Jan \ parent \ on: How New S&P 500 Companies Performed In 2024 Stacker_Stocks
I've always said that IPOs are gambling! Sometimes it results in big gains, but there is also a big risk of losses. It often happens that companies do an IPO to line the pockets of the original founders.
write
preview
111 sats \ 1 reply \ @BlokchainB 9 Jan
But these companies are well beyond IPO I thought.
reply
83 sats \ 0 replies \ @0xbitcoiner OP 9 Jan
That's right! I think it gave me a brain crush, I assumed that to enter the SP500 is because they had made an IOP. Which is totally wrong, companies are always entering and leaving the index.
reply