Investing in an Initial Public Offering (IPO) can be thrilling, but it’s essential to tread carefully. If you can, please scrutinize the company’s financials: Dive into the company’s financial statements – balance sheets, income statements, and cash flow statements. Valuation Matters: Determine if the IPO price aligns with the company’s earnings, growth prospects, and industry peers. An overpriced IPO may lead to significant losses when the market corrects itself. When these big players show interest in an IPO by buying a substantial amount of shares, it’s often seen as a positive signal.

Source: Nigerian Tribune July 20, 2024 18:24 UTC