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I'm a partner in http://myvidster.fun my vidster The chart shows the three year returns of initial public offerings from their first day close, based on the company’s sales in the year leading up to the IPO. Companies that went public between 19080 and 2011 with sales of under $10 million (adjusted to 2005 dollars) had a three year return a full 47.3 percent below the market. Companies with sales of $10 million to $20 million underperformed the market by 36.5 percent. And so on … until we finally reach the biggest IPOs, the only category to do better than the market. |
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Hayden |
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2019-05-23 10:39:21 |
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