IPO fever is what happens in a world of free money and easy trading

Author: Adam Button | Category: News

Two IPOs coming today

The stock market is in a massive speculative bubble. The ability to borrow on margin at 1% is one of the most-powerful forces to ever hit stocks.

Today's IPOs look like they will be astonishing. The big one is Snowflake, which was priced at $75 at the start of the week but upsized to $120 yesterday. It's indicated to open near $180.

Another is JFrog, which is indicated at $80 compared to the $44 IPO price.



For bank trade ideas, check out eFX Plus
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose