Disappointing Debuts! Glottis, BMW Ventures among 5 IPOs with worst listing-day performances this year

Retail investors often gravitate towards initial public offerings (IPOs) in the hope of quick listing gains. However, such expectations are far from assured. IPO performance depends on multiple factors, including issue pricing, market sentiment, and post-listing demand. In several cases, richly valued IPOs and a weak secondary-market sentiment have led to stocks debuting at a…

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