100% of 10 well-known listings, 1980 to 2023 closed below their first close within 252 sessions
10 of 10 with a full 252-session window · median lowest close of those 10: -34% against the first close · median close 252 sessions after the first: +25% against the first close, +20 pts against the S&P 500; 6 of 10 above the first close then · 1 of 11 left out: 1 listed fewer than 252 sessions ago · listings that stayed well known, so it cannot say how often a listing ends far below its offer
Markets · Calendar · SEC EDGAR prospectuses, NYSE and Nasdaq daily closes · 6 Nov 2026