Current IPOs

Typically, you can sell your IPO shares as soon as they are listed on the exchange. However, be mindful that there may be lock-up periods for insiders and large investors, but retail investors generally have the flexibility to sell once trading begins.

Before investing in an IPO, consider factors like the company's financial health, growth potential, the offering price, the underwriters involved, and the overall market conditions. Additionally, research if the company has a strong business model and prospects for long-term success.

A "red herring" is a preliminary prospectus filed with the SEC before an IPO. It includes key information about the company, the offering, and financial details, but it may not contain all final information, as it is subject to change before the IPO is finalized.