Initial Public Offerings, when a company first lists on a stock market, have a bad reputation. The famous US investor Peter Lynch said IPO should actually stand for 'it's probably overpriced'. The Cambridge-based computer chip designer Arm Holdings listed on September 14: shares soared 25 per cent on the first day then lost all those gains. The grocery delivery firm Instacart and the marketing software firm Klaviyo, which both listed a week later, followed a similar pattern. Sponsored The allure of an IPO stems from the chance to grab the 'next big thing', but there are good reasons to be wary.

https://www.thetimes.co.uk/article/how-can-you-tell-if-your-flotation-stock-will-tank-7ckt7m2f6

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