First-Day Triple: How Smart Money's Playing the IPO Surge

Renaissance Capital confirms unprecedented market activity...

Good morning,

One company just tripled on its NYSE debut, achieving a $10 billion market cap in a single day—and it's not alone.

August's IPO activity has already doubled typical levels with tech and crypto leading the charge, while lockup expirations are creating unexpected entry points.

Renaissance Capital says demand is clear, but timing is everything. Access full story here.

-Christopher

P.S. The pipeline remains robust through year-end, but companies rushing to market may signal concerns ahead. You really need to read this before it's too late.