2 Recent IPOs Trading at Bargain Prices
When stocks go public, investors sometimes hesitate and don't invest right away. Then, they might worry that they've missed the boat on a promising new investment. But with some bearishness in the markets of late, there's a chance for growth investors to scoop up some recently issued IPOs at reduced prices.
Both American Well (NYSE: AMWL) and ContextLogic (NASDAQ: WISH) are trading at their lowest levels ever in their short histories. Investors have a chance to buy these stocks at discounted prices -- should they?
Source Fool.com