Jun. 5 at 10:50 PM
$TSLA
Extremely good. Go back and look at Cerebras IPO.
DAY-One Melt-Up:
Retail traders and institutional buyers swarmed the opening print, bidding the shares up 89% to over
$385 within the first moments of trading.
The "Pop and Drop": The stock closed its first day at
$311 but quickly trended downward into the upper-
$200S as those who received the initial
$185 allocation took profits, causing short-term losses for latecomers chasing the hype.
Cerebras Systems stock is currently trading at
$201