October 25, 2020

Pre-IPO is dangerous but the rewards can be terrific

4 min read
If you have ever sleept on a Casper (CSPR) mattress you would concur that the...

If you have ever sleept on a Casper (CSPR) mattress you would concur that the on line retailer not only revolutionized slumber, but also the mattress purchasing experience. So, it would make sense that when the company went general public earlier this calendar year, devotees jumped at the prospect to very own the shares, correct?

Completely wrong.

In truth, right after presenting shares to the public at $12 on Feb. 5, the value has declined by about -56.14% to $6.74 on Sep. 25. Early buyers – luminaries like Leonardo DiCaprio, Adam Levine and Tobey Maguire – jumped in ahead of the business went general public and experienced the prospect to sell their shares at the IPO price tag. But whether they did or not is not the stage. By the time the typical trader had the chance to obtain the shares, a good deal of financial gain experienced now been produced.