100% of 8 control IPOs that ended far below their offer closed below their first close within 252 sessions
8 of 8 with a full 252-session window · median lowest close of those 8: -71% against the first close · median close 252 sessions after the first: -64% against the first close, -64 pts against the S&P 500; 1 of 8 above the first close then · 2 of 10 left out: 2 with no daily closes on file · picked for ending far below the offer, so not a base rate
Markets · Calendar · SEC EDGAR prospectuses, NYSE and Nasdaq daily closes · 6 Nov 2026