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173: Michael Katz – Riding Price Action—A Complete Breakdown of the Lyft IPO

Chat With Traders

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The Price of Uber Shares Dropped in the Third Market

I don't think the price has been doing too well with Uber in the third market. A lot of IPOs, they do get dumped and sold down for the first few days. But then there's often kind of a turnaround play comes at some point. If on day one, day two, the stock just trades really well and holds prices and then starts to drift higher, everybody who owns a stock is sitting pretty. They're not acting as a ceiling. Right?

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