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TRADING THURSDAY: DOORDASH AND AIR BNB IPO!
What does it meant for a company to IPO? Is it good to get into a company when it goes public?
DoorDash $DASH and Air BNB $ABNB just went public, aka Initial Public Offering (IPO)! That means you can now own part of the companies that you use to order food and stay. Keep in mind that $DASH is the ticker to DOORDASH because a garage door company gained a lot of movement today due to people picking the wrong stock to invest in on Wednesday.
Should you buy IPOs? It's really up to you! I would suggest to wait about a week or two to let the "hype" around the company drop a bit. Depending on who you talk to, some would say just buy it and let it ride.
Warren Buffet is a huge advocate of learning a company before investing in it. If you truly understand the Door Dash and/or Air BNB then go for it!
TOP 4 STOCKS THIS WEEK:
- SUNDIAL GROWERS - $SNDL
- PALANTIR TECHNOLOGIES - $PLTR
- ATT - $T
- TESLA - $TSLA
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DISCLAIMER: I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in this audio are for educational purposes only. You must do your own research and make the best choice for you. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments. If you need advice, please contact a qualified CPA, CFP, an attorney, insurance agent, financial advisor, or the appropriate professional for the subject you would like help with.
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