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Opinion
Tim Culpan

Got Shares in a Blockbuster IPO? Dump Them, Quick

Prices overwhelmingly decline after day one.

Wait for the IPO hangover to pass.

Wait for the IPO hangover to pass.

Photographer: Besjunior/Getty Images

Investors lucky enough to secure shares in a big IPO and not be constrained by a lockup would be advised to offload them immediately.

And if you’re eyeing the next blockbuster like Xiaomi Corp., don’t even bother.