My broker just called and asked me to guess the opening price. I said $142 and he said "Wrong! It's $140!" Dude, doesn't close count in this???
Anyway, good news for everyone who got it at $68. Will it hold its price? Who knows? But if you want to sell it back to Morgan Stanley today, you'd make a tidy profit, even after paying Uncle Sam 25% in capital gains.
Well, it's crashed into the $125 territory. Hopefully it will settle, but profit taking investors are temporarily tanking the market. Also, Airbnb was overvalued at $165.
@Christine615 Yes, to be expected! I decided to hold my position and not pay the capital gains on selling even part of it. I'm a long-term investor, not a trader, anyway.