The framework of a good IPO base is simple:
The decline from a peak to low usually doesn't top 20%, but after a good gain on a listing day, the more volatile markets can have a decline of up to 50%. 2. The length of a base is often less than five weeks and can be as short as seven days
The decline from a peak to low usually doesn't top 20%, but after a good gain on a listing day, the more volatile markets can have a decline of up to 50%. 2. The length of a base is often less than five weeks and can be as short as seven days
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