Newly listed firms tend to perform exceptionally well in the three to five years after their IPOs.

Name: Newly listed firms tend to perform exceptionally well in the three to five years after their IPOs.
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Newly listed firms often experience what is known as the "IPO effect," where their stock prices may initially surge but tend to underperform in the stock market compared to more established companies in the three to five years following their IPOs.

Newly Listed Firms Tend to Perform Exceptionally Well in the Three