Forget IPOs: Here Are Thursday's Real Stock Market Winners for Regular Investors
Initial public offerings are grabbing the spotlight, with today's launch of Airbnb (NASDAQ: ABNB) being just the latest in a spree of high-priced IPOs getting huge first-day run-ups. Yet the fact that ordinary investors have to pay as much as double what privileged clients of Wall Street institutions are charged for shares of hot IPOs has grabbed everyone's attention. Some companies are doing something about it, and increasingly, regular investors are paying attention.
As of 1 p.m. EST, the Dow Jones Industrial Average (DJINDICES: ^DJI) was down 27 points to 30,042, and the S&P 500 (SNPINDEX: ^GSPC) was unchanged even as the Nasdaq Composite (NASDAQINDEX: ^IXIC) picked up 55 points to 12,395.
However, several stocks that offer an alternative to regular IPOs got rewarded Thursday. Let's take a look at these winners and why they're doing well.
Source Fool.com
