Death Star IPO
What is a Death Star IPO?
A Death Star IPO is a wildly successful IPO. The term is a reference to the Star Wars movies, in which Darth Vader's Death Star battle station could pulverize other planets with a single laser beam.
How Does a Death Star IPO Work?
For example, let's say Company XYZ invents a cure for cancer and patents the invention. The company can change the world and make its owners fabulously , so investors are drooling over the company's upcoming $900 million . The stock starts trading, and on its first day the share price triples. This is a Death Star IPO.
Luke, I'm your broker.
Why Does a Death Star IPO Matter?
Death Star IPOs get aof anticipatory press, a of interest from investors and a of media coverage. They also tend to "explode" on the first day of trading and can influence the rest of the .