All factors
๐Ÿ””

IPO or direct listing debut

๐Ÿ“ˆ Market
โ—† Depends on context

Shares begin trading publicly for the first time.

Typical size

0-100% on day one

Timeframe

Day one; drift for months after

Evidence

0 logged events

Why it moves the price

Price discovery with a small float and no trading history. Demand concentrates against a limited supply of shares, which frequently produces a large first-day gain.

What separates a good call from a naive one

First-day pops mostly benefit allocated investors, not buyers in the open market. Historically, buying at the close of day one has produced poor returns, and the lock-up expiry six months later adds supply.

Measured impact

Not enough evidence yet

Every logged event is measured against real closing prices: the move from the close before the event, compared with the S&P 500 over the same window.

Next day

Not measured yet

After 1 week

Not measured yet

After 1 month

Not measured yet

Textbook view:โ—† Depends on contexttypically 0-100% on day one

No measured verdict yet โ€” 0 events logged. Three or more are needed before the data says anything useful.

The evidence (0)

Every row is a real event, measured against actual closing prices.

No events logged yet. Add the first one โ€” the price impact gets measured automatically.

Measured from historical closing prices. Past reactions do not guarantee future ones. Not financial advice.