Shares of social media platform Reddit Inc. went on a wild ride after last week’s initial public offering – more than doubling before falling to a still-impressive gain of about 45 per cent. But, if past new issues are anything to go by, sustaining momentum will be a challenge. It also poses a big risk for investors. IPOs, in general, come to market when it’s a good time for the company or insiders to sell. That’s not necessarily a good time for you to buy. In fact, it’s often a bad time.
Companies with 10 to 12 points have the most secure dividends, or the highest sustainability. Those with seven to nine points have above-average sustainability; average sustainability, four to six points; and below average sustainability, one to three points.is the online home of The Successful Investor Inc. – the group of widely followed Canadian investment newsletters by editor and publisher Pat McKeough.
real estate portfolio of gambling, hospitality and entertainment destinations. Those include Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas. Vici went public in February, 2018. Be smart with your money. Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor newsletter.
Study and track financial data on any traded entity: click to open the full quote page. Data updated as of
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