TradingKey – Anthropic’s IPO has entered the pricing phase. According to CNBC, the company plans to set its offering price on November 18 and begin trading on Nasdaq on November 19 under the proposed ticker symbol ANT. The latest filed offering price range is $70 to $78 per share.
For investors unable to obtain an allocation at the offering price, the more direct question is: Is buying after the listing a good choice?
A comparison of seven mega-IPOs, including SpaceX, shows that when buying at the first-day closing price and holding for 60 trading days, only three companies gained and just two outperformed the S&P 500 over the same period. The size of an IPO and the attention it garners do not universally translate into post-listing…
