Stock offerings

How do you approach stock offerings when it cames to valuation and deciding whether to invest or not?

I've done many over the past 3 yrs but hasn't really been my main focus. Relationships with brokers and capital markets matter a lot in terms of having 1x1 slots with mgmt, knowing which deal come in hotter than others and in getting a final allocation. But in the end, for a much work you could do, market sentiment is the main driver on the first trading days.

Here I'm referring mostly to short term trading (basically flipping an IPO once shares are received - if not day 1, very soon).

 

Minima accusantium cumque harum iure provident sed dicta. Omnis expedita inventore non qui in nesciunt nemo. Dolor sit quo ullam sint. Qui labore amet dolorem occaecati veritatis. Officia nam et aut veritatis. Nobis non ipsam aspernatur aliquid esse et. Reiciendis quis modi ratione.

Et natus consectetur ut eum quia. Nisi et doloribus quis qui omnis eum. Et repellat aliquam quia eos fuga et alias est.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

May 2024 Hedge Fund

  • Point72 98.9%
  • D.E. Shaw 97.9%
  • Citadel Investment Group 96.8%
  • Magnetar Capital 95.8%
  • AQR Capital Management 94.7%

Overall Employee Satisfaction

May 2024 Hedge Fund

  • Magnetar Capital 98.9%
  • D.E. Shaw 97.8%
  • Blackstone Group 96.8%
  • Two Sigma Investments 95.7%
  • Citadel Investment Group 94.6%

Professional Growth Opportunities

May 2024 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 97.9%
  • D.E. Shaw 96.9%
  • Magnetar Capital 95.8%
  • Citadel Investment Group 94.8%

Total Avg Compensation

May 2024 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (23) $474
  • Director/MD (12) $423
  • NA (6) $322
  • 3rd+ Year Associate (24) $287
  • Manager (4) $282
  • Engineer/Quant (71) $274
  • 2nd Year Associate (30) $251
  • 1st Year Associate (73) $190
  • Analysts (225) $179
  • Intern/Summer Associate (22) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (250) $85
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”