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 wealthy, so investors are drooling over the company's upcoming $900 million IPO. 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 a lot of anticipatory press, a lot of interest from investors and a lot of media coverage. They also tend to "explode" on the first day of trading and can influence the rest of the market.
Personalized Financial Plans for an Uncertain Market
In today’s uncertain market, investors are looking for answers to help them grow and protect their savings. So we partnered with Vanguard Advisers -- one of the most trusted names in finance -- to offer you a financial plan built to withstand a variety of market and economic conditions. A Vanguard advisor will craft your customized plan and then manage your savings, giving you more confidence to help you meet your goals. Click here to get started.
Read This Next
