Same this shyt aint staying this low in price for long. Growth gets priced in quick.
Yeah, Affirm, another fintech company with similar revenue got up to the $120s with its IPO this week.
However, with the exception of QuantumScape, we haven't seen a SPAC run up over $100, yet. NKLA got up over $90 at one point. This is something I am keeping my eye on.
My expectations might be too high. I got about 2,600 IPOE shares. I am watching this one closely.
From my research, Velodyne Lidar (VLDR), has been the only SPAC that has had a higher closing price on the date the merger was announced than IPOE: something like $20.53 vs. $19.14.