Zoom IPO

#1

Any plans for Freetrade to allow access to IPOs on the same day as the launch?

https://www.sec.gov/Archives/edgar/data/1585521/000119312519083351/d642624ds1.htm

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(Emma) #2
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#3

Zoom shares up 72%

The technology companies Pinterest and Zoom Video Communications rallied in their public market debuts, easing concern about “unicorn” listings after the recent stumble by the ride-hailing company Lyft.

Shares in Zoom shot up 72 per cent to end their first day of trading at $62, while Pinterest rose 28 per cent to $24.40. The closing prices valued Zoom at $18bn based on a full-diluted share count, while Pinterest was valued at $16bn.

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(Kenny Grant) #4

I find it amusing that the unrelated penny stock ZOOM has also been soaring:

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#5

I’ve just been reading that :joy:

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#6

Glitch in the matrix and evidence against 100% market efficiency. Those ‘fake zoom’ returns though :eyes:

Its recent gains mean that $100 invested in the entity on March 21, when shares were around $0.005, would have netted an investor about $84,000 as of Thursday morning.

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#7

It’s times like that this that really make you want a DeLorean.

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