• PabloSexcrowbar@piefed.social
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    2 hours ago

    The only IPO I ever jumped on was ARM Holdings, and that actually ended up doubling within a couple weeks. Made a tidy profit on it, then dumped it when it plateaued.

    • vinnymac@lemmy.world
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      5 minutes ago

      Notably ARM was not mainstream when it IPOd either, meaning it was a safe® bet at the time.

      Most IPOs have become sensationalized to drive up interest, which is terrible for everyone except a select few.

      • PabloSexcrowbar@piefed.social
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        4 minutes ago

        I’m not sure what you mean. It already had complete dominance of the smartphone market, which was, at the time, still growing.