By Nicholas Vardy IPO is a phrase that conjures magical ideas of untold wealth for investors. But are these red-hot opportunities actually a good investment strategy?
Today, Nicholas Vardy explains how investors can safely profit from the latest IPOs.
For many investors, IPO – initial public offering – is a magical phrase.
As a reminder, an IPO happens when a company first lists on a stock exchange and investors can buy its stock in their brokerage accounts.
I was in New York City when Facebook (Nasdaq: FB) IPO’d on May 18, 2012. The electronic screens in Times Square were awash with Facebook logos. CNBC covered the event …read more
