Same for Rivian. Its IPO was at $78 per share, it climbed up to $130 and it's at around $10 now.
Ugh, don't remind me. I lost my ass on them
Be in the market a while and everyone's lost their ass on a thing or two. You slowly and painfully learn to take the L and bail out of stuff sooner. That helps.
Then sometimes things are just completely out of your control and something happens to a company overnight and you just get obliterated before you/ your broker is able to do anything about it.
Same for Rivian. Its IPO was at $78 per share, it climbed up to $130 and it's at around $10 now.
Ugh, don't remind me. I lost my ass on them
Be in the market a while and everyone's lost their ass on a thing or two. You slowly and painfully learn to take the L and bail out of stuff sooner. That helps.
Then sometimes things are just completely out of your control and something happens to a company overnight and you just get obliterated before you/ your broker is able to do anything about it.