I wouldn't buy straight into Anthropic's IPO despite preferring them over OpenAI. Historically, companies's stock price … | Longbridge

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Sep 29 at 11:41 AM

I wouldn't buy straight into Anthropic's IPO despite preferring them over OpenAI. Historically, companies's stock price have mostly fallen after IPOs and takes an average of 2 to 3 years before rising steadily above the initial IPO price. Besides, with the uncertainty of AI development's pace, I wouldn't want to increase too much exposure.

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Featured☕️ [Task Coins Giveaway] Daily Market Talk — Anthropic's IPO Filing Reveals a $42B Loss

Reuters got a first look at Anthropic's IPO prospectus: revenue up 12-fold, a $42 billion net loss, and a $2 trillion valuation target. Meanwhile Treasury yields hit fresh multi-decade highs and gold ...

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