Deciphering a difficult IPO is just as important as verifying the hot deal. IPO Boutique was skeptical of the $SOI IPO from the beginning and severe price sensitivity did not ‘save the deal’. Below is what was sent to clients throughout the week concerning the ‘SOI’ IPO. The value of IPO Boutique is not only providing color on deals to help our clients make money…but also staying away from deals that could lose money. SOI opened with a slight premium but traded below the offering price within minutes of opening.
Solaris Oilfield Infrastructure (NYSE: SOI) Sample Channel Checks