ahomeplateslugger
Superstar
I don’t agree with u breh they were valuing it 18-21 bucks then last week said 23-25 which was a lot for initial public offering so much people wanted in nobody would ever think it would get to where it was.. biggest iPo since 2008. I personally went to bank day before and wired 30k because I knew it was going to go public that Thursday and did not assumed I would get in in the 20s.. the company is now worth over 3 bill and was looking to raise over a bill this was a serious win for them and its only the first week

i think you misread what i wrote.
beyond meat issued 9.5 million outstanding shares....which is new shares for new investors who want to get in (i'm sure you know but just giving info for ppl who don't)
$25/share: that's the price at which beyond meat issued shares = $238M raised.
$68.70/share: that's the price after day #1 of trading = $653M potentially raised.
$415M: that's how much money beyond meat left on the table by ipo-ing at a price that seemed to be too low.
a company aims to sell at the highest price and they could've raised more money.
i'm not saying the stock going up over 100% is bad for everyone, because early investors cashed out, but beyond meat went public to generate money to expand operations. they missed on out a lot of money.








