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Stocks Below IPO Price Worth Watching (1 Billion MCap+)?

  • Last Updated:
  • Jun 4th, 2022 6:04 am
Deal Addict
Dec 20, 2010
3478 posts
13850 upvotes
Toronto

Stocks Below IPO Price Worth Watching (1 Billion MCap+)?

I was looking at PTON. This stock had an unfortunate quick pandemic fuelled rise/pump and dumped hard post-reopening (their previous ceo was also incompetent). IPO price was $29 and it’s trading at less than half of that value now. Not sure if it will recover.

FB is one example of a stock that recovered and increased a thousand percent (from $38 IPO to $17.58 ATL to $384.33 ATH).

What are some stocks you are watching that are trading below their IPO prices (min. 1 billion market cap.) that you think can reclaim it’s former glory?
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