Average IPO drawdown is around 55 percent, Puru Saxena notes

Average IPO drawdown is around 55 percent, Puru Saxena notes
Investing after large IPO drawdowns

Puru Saxena, investment commentator and ex-fund manager at FinTwit, suggests it is preferable to invest in an IPO after a significant drawdown.

He points out that historically, the average IPO drawdown has been approximately 55 percent.

Saxena has recently highlighted substantial losses in global equities, noting the KOSPI’s 9 percent drop and subsequent trading halt. He has also discussed changing investor sentiment, reporting a shift from bullish to bearish views in AI stocks. These remarks come as he comments on optimal timing for IPO investments after large drawdowns.

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