Is Voyager Technologies Stock a Buy After Its Blockbuster IPO?
Most investors chasing the latest initial public offering (IPO) darling end up with a portfolio full of regrets. But occasionally, a company emerges with such compelling fundamentals and market timing that even the skeptics take notice.Voyager Technologies (NYSE: VOYG) might be one of those rare exceptions. The defense and space technology company exploded onto the public markets this week, with shares rocketing 82% on their first day of trading to close at $56.48 after pricing above their expected range.Image source: Getty Images.Continue reading
Most investors chasing the latest initial public offering (IPO) darling end up with a portfolio full of regrets. But occasionally, a company emerges with such compelling fundamentals and market timing that even the skeptics take notice.
Voyager Technologies (NYSE: VOYG) might be one of those rare exceptions. The defense and space technology company exploded onto the public markets this week, with shares rocketing 82% on their first day of trading to close at $56.48 after pricing above their expected range.
Image source: Getty Images.
