Square’s IPO valuation reflects tougher market for tech debuts

We talked about IPOs a few weeks ago in my FIN101 class. I cited several examples that illustrate purchasing at the opening (and even the IPO) price tends to be a losing proposition for at least the first year or so. It looks like Square is heading in the same direction. As one student eloquently put it “wait until the hype passes” if you really believe a company has a good business.

-Dr. Moore


Leave a Comment

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s