Professor Glenn A. Okun
Today’s Financial Times discovered the weakness surrounding the Arm IPO that the Rapid Capitalist reported one week ago (see https://therabidcapitalist.com/2023/09/05/arm-ipo-bombs-in-pre-marketing-2/). IPO order indications are routinely overstated by investors. The leak that a deal is oversubscribed is a sign of weakness, not strength.
The Rabid Capitalist 
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