173: Michael Katz – Riding Price Action—A Complete Breakdown of the Lyft IPO
Chat With Traders
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How to Trade a Spotify IPO
Spotify had about a $30 drop after its IPO. The stock never ended up getting back to 80 for a while, so I felt like I had a good long position. After two o'clock, it really started picking up volume again and some pretty big green candles. So I ended up adding to my winner and buying more above 81. It was in the high 70s which was our measured moves just looking at how Spotify behaved.
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