IPOs' day-one drop not always a flop in long run
Add BT as a preferred sourceHOW important is first-day share price performance as a metric to gauge the success, or failure, of a new listing?
Investors and financial media often use the day-one "pop or drop" to determine how well an initial public offering (IPO) has performed.
This explains the headlines published after shares of ride-hailing company Uber Technologies crashed more than 7 per cent on its first trading day.
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