Economic TimesLean R·
Chasing IPO debut highs? All 10 listing multibaggers of last 2 years bleed negative returns
Recent IPOs are turning into a headache for investors, as nearly all are now falling beneath their initial listing highs. For instance, Vibhor Steel Tubes and Mamata Machinery have seen drastic declines from their early performances. While a few stocks maintain values above their original prices, many investors find themselves grappling with losses due to inflated entry costs.
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