
Key points
Maximum first-year drawdown for the 20 largest IPOs since 2010 | Average −60%, deepest at Didi −91%, Rivian −88% and Robinhood −87%; Airbnb shallowest at −39%
Image source: @BlakeMillardCFA

Maximum first-year drawdown for the 20 largest IPOs since 2010 | Average −60%, deepest at Didi −91%, Rivian −88% and Robinhood −87%; Airbnb shallowest at −39%
Image source: @BlakeMillardCFA