I came across this piece in a "Top 5 Growth Stocks" style article - ARB IOT Group Limited. This is a technology company that "revolves" around AI and IOT, according to their website it looks like some Malaysian garage company but they are a couple of weeks after their public IPO and now trading around $4 per share.
Normally I wouldn't have paid that much attention but I was intrigued that the stock was in an article on Yahoo Finance :)
Anyone know them?
h,mmm
nice information
I would avoid anything just after or before the IPO
I don't know and therefore, I don't buy. I don't invest in IPOs at all as it's too risky for me.
But thank you for the interesting information.
I don't know and don't invest much post-IPO. I usually wait another couple of quarters or even years to see how their numbers develop. Because I can't get a picture of a company from 2 financial statements.
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No idea 🤷♂️