Now the social media platform is aiming for an IPO in the first quarter of 2024 with a valuation of $15 billion, and has been in talks with potential investors like Goldman Sachs and and Morgan Stanley, per Bloomberg.
Now the social media platform is aiming for an IPO in the first quarter of 2024 with a valuation of $15 billion, and has been in talks with potential investors like Goldman Sachs and and Morgan Stanley, per Bloomberg.
Is it possible to short an IPO? I would like to say that this is going to lose value almost immediately.
You can’t borrow shares from ipo underwriters for 30 days so you can’t short before that
You might be able to do a naked short, though.
I might be on a list now for googing it but, here’s a wiki article for non-finance people. https://en.wikipedia.org/wiki/Naked_short_selling?wprov=sfla1
Yes