The latest hotly-anticipated IPO was electric bike maker Peloton. Before the offering, the CEO bragged on CNBC how they were offering the stock cheaply, and he deliberately was leaving room for investors to make a profit, even on the first day:
Wasn’t that nice of him? He wasn’t greedy! What a guy!
The stock has only been public eight hours, and here’s how it’s going so far:
Yeah, I’d say he left something on the table all right.
