What you need to know to choose an IPO



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This is the herring season for IPOs, so named because of the red warning on the left side of the preliminary prospectus of a first call Through the Federal Reserve's interest rate break, the jailbreak of the IPO is becoming a real debacle. Last month, Lyft raised $ 2.2 billion. Pinterest is next, and Uber, Slack, Postmates, Airbnb and others are probably not far behind.

How do you know which IPOs to buy? No, do not trade – we would never have understood. Lyft priced at $ 72, traded at $ 85 on the first day, then closed at $ 78, to fall …

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