Here's the only chance Main Street has to get in on the red-hot IPO market
Finance professor Timothy Loughran was quoted in a Business Insider article about the struggles small investors have when investing in pre-IPOs for tech companies diving into the market. "Historically if my broker called me up and tried to sell me on an IPO, I would say, 'This is not a good idea,' and take a pass," Loughran told US News & World Report. "The only time they were going to go down to someone like me is if the IPO is having trouble and they're having trouble placing the shares."
- Published
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