Was looking at the IPO lockup database considering the recent success of CVT and BZFD unlocks and came across two coming up pretty soon. Completely forgot about IOT which has it’s unlock on Monday 13th June.
Both of these have been on a downtrend since their IPO with IOT having 75m shares float with 35m shares unlocking and TPG having 70m float with 34m shares unlocking.
Some other recent unlocks to use as thermometers.
Obviously these aren’t 100% hit rates, but it does seem like at the very least the downtrend will continue over the long term after the lockup. Haven’t got time today but going to look into the companies when I can.