There is something I don't understand. Why would people sell down an IPO on the first day below its IPO price? Nobody is making money. You just did your due diligence, put your money on an IPO, got your shares and there is nothing in the market that tells you the company's situation has deteriorated since your application and you dump your shares on the first day at a loss. Do these people have too much money that they want to lose some? Who are these people?
Has anyone here sold yesterday at a loss? Can you tell me what the logic is?
IPO - GQG Partners Inc. - 26 October 2021 #, page-231
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