suhaas

Visa IPO Should Offer Investors Positive Risk/Reward

After CME and NYX jumped, over the first few months of their IPO, NMX got hyped, and jumped on the first day of its IPO. Those individual investors who bought that day never made any money. It jumped to $135 that day, and recently got bought out by CME for $100. So those investors lost 25%. Let this be a lesson for those who are planning to buy the much hyped Visa IPO at a premium on opening day.