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Markets are bleeding and your IPO still took off.
It's better for them if the stock drops... All this means is that the company got less cash than it could have.
It’s still better for the price to go up, just worse than if they also priced the offering higher
Dropbox - mheee
Tech Industry
Yesterday
1744
I haven’t done shit today!
6h
1621
Fcuk U google
Layoffs
3d
15977
Anyone leaving tech due to layoffs?
It's better for them if the stock drops... All this means is that the company got less cash than it could have.