Now that the **** e dust, er, the dust from the **** eX (SPCX) initial public offering (IPO) has settled, I decided to take another look at the IPO **** e at large. What did I find? Even in a strong period for stocks, like the past 52 weeks, IPOs are a **** shoot. That's based on the current holdings of the Renaissance IPO ETF (IPO), which have been public for at least 12 months.
With OpenAI and Anthropic thought of as the "next big thing" in IPO land, given their expected offerings, it should be noted that the last two headline-grabbing launches are not exactly posting stellar numbers out of the gate. Cerebras (CBRS) debuted in May of this year, and after hitting an intraday high of $386 just hours after its debut, it closed Wednesday at around $216.
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With OpenAI and Anthropic thought of as the "next big thing" in IPO land, given their expected offerings, it should be noted that the last two headline-grabbing launches are not exactly posting stellar numbers out of the gate. Cerebras (CBRS) debuted in May of this year, and after hitting an intraday high of $386 just hours after its debut, it closed Wednesday at around $216.
Soros Fund Management Opened a New Position in Nebius During Q2. What This Means for NBIS Stock.
Ahead of Nvidia Earnings, Here's What Barchart Data Says Comes Next for NVDA Stock
Nvidia Earnings, Jackson Hole and Other Key Things to Watch this Week
#NVIDIA #spcx #even
2 days ago
