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this post was submitted on 20 Jun 2026
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Oh look, the completely expected and basically dependable event that happens after EVERY IPO, happened. Anyone jumping on an initial IPO is a fucking idiot. They always go under.
They might eventually still make it back to be profitable if they wait months or even years... or they could have waited a few weeks and bought the inevitable dip and never been underwater in the first place, making more profit.
...in USA america, initial IPOs are ATM machines to fund CD deposits...
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.
Bet you wish you held it now though. Up about 7x since it first opened.
Man, I was having a good day, too...
A win is a win!
Notably ARM was not mainstream when it IPOd either, meaning it was a safe(r) bet at the time.
Most IPOs have become sensationalized to drive up interest, which is terrible for everyone except a select few.
I'm not sure what you mean. It already had complete dominance of the smartphone market, which was, at the time, still growing.
We in this forum are a specific type, few use lemmy, and few invest in Arm directly.
SpaceX and Arm aren’t comparable, f.e. I know a college student investing in Space X, as well as an Elderly man, a cousin of mine who works in marketing, etc. It’s normal joes who want in. That never happened to Arm, and I’d be surprised if it ever does. It won’t be mainstream. I don’t know anyone personally who invests in Arm other than myself.
I’m talking about norms and sensationalism, not the state of a technology.
Oh I see what you mean. Yeah that's a fair point.
Yes, sometimes gambling pays out.