Svmuu News: Frank Chaparro, Head of Strategic Communications at GSR, posted a chart on X showing Apollo Global Management’s statistics on IPO investment returns. The chart shows the average market-adjusted returns of U.S. IPO stocks within three years of listing from 1980 to 2024. The data indicates that IPO stocks generally underperformed the broader market in the medium to long term after listing, a phenomenon that was particularly pronounced between 2019 and 2024.
Frank Chaparro commented, “Since 2019, participating in IPOs has consistently been a losing bet.”