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Originally Posted by MTG#10
Anyone buying any COIN tomorrow? Sounds like it's going to open around $250/share but most think it'll be more than double by the end of the year. I've never bought a stock on the release day, is there a certain time they usually open for trading?
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IPOs normally go public mid day, no set time. This is a direct listing instead.. not sure if that changes anything. Spotify did it a few years back and there have been a few other companies since.
Given the hype and how the markets been behaving of late, it'll probably initially list publicly way above the $250 range. Guess we'll see!