Commonly, an IPO is considered a disappointment if the newly listed company's share price stagnates or even falls in the first hours or days of trading. However, I believe that whether an IPO is to be considered a success or not depends on which perspective you look at it from.
This is a piece which I have been thinking about and working on for quite a while now. I had the initial idea back in October when I wrote about the IPO of British luxury car manufacturer Aston Martin. However, I did not quite make progress with the piece, so it went dormant for a while. Last month, after SoftBank Group Corp. (OTCPK:SFTBF;OTCPK:SFTBY) listed a third of its telco division, SoftBank Corp., I was reminded of the unfinished draft.