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What happens on IPO listing day?
On listing day, the allotted shares begin trading on the relevant stock exchange. The market price can open above, near or below the issue price and can continue moving after trading starts. A strong listing is a market outcome; it does not by itself prove that the underlying business is strong.
On listing day, the allotted shares begin trading on the relevant stock exchange. The market price can open above, near or below the issue price and can continue moving after trading starts.
A strong listing is a market outcome; it does not by itself prove that the underlying business is strong.
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