Hello all, new to the market here with a question regarding buying shares from a newly listed IPO. The company I had my eye on today planned to sell its shares starting at $6 per share, however, at opening, shares began selling at $30+. It decreased throughout the day and closed at around $7. I am new and wet around the ears even with the fundamentals of how the market works. I expected the shares to start at $6 at opening. It's an IPO so I assumed the company was issuing the shares to the public? Well it didn't start at $6, it started at 5x the expected price
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