Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.
The Rabid Capitalist posted that the BrightSpring IPO would be priced at $13, below its indicated $15 to $18 range yesterday (see below). The rumor became the news this morning.
BrightSpring has become a disappointing bellwether of the health of the IPO market.
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