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Why an IPO ‘meltup’ could signal future trouble for the stock marketRed-hot IPOs may offer another sign of froth in a rallying stock market that saw all three major U.S. benchmark indexes and a small-cap index hit all-time highs this past week. What happened to WISH? Maybe so, but I've been in this game since 1984 and as far as I can remember there have always been 'red-hot' IPOs in all markets. The first IPO I ever worked was 'Detroit Diesel' what a boring company during a boring market. But it was a 'Hot' IPO that was way over subscribed.
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