Does anyone know about Victoria Plumbing Group plc? (UK stock)

I just read it is down by a lot after its recent IPO. Anyone who knows why?

I am interested to know why this would not be an interesting moment for a competitor to just buy it?

Answer: somewhere between 1.9 Trillion and 19.2 Trillion. 👀

here is the link to a 128page report https://ir.citi.com/gps/BGrBay2thaQaH9HYofo3Uf3ThNldHDse_iJbe_md8Xk2SX5N3rdCq70nBWVa5mRqVYO3BHcw4Htuf7ihwIzrP6f0AN2kKVQZ

For those that love reading I got a few more of these here:

Also, @eggplant share the JPM metaverse link in the comments?

Stocks to look at: the semi's, cloud names, META, Tencent, Gaming stocks, crypto stocks....

https://commonstock.com/post/b723ef12-f386-4e41-a7d8-4351d2800b4e by @snippetfinance

Can someone tell me why people still start funds vs ETF's? what's the advantage for fund managers to be a fund vs an ETF (like ARK or Simplify)?

https://commonstock.com/post/83a792ee-3b1b-4c02-ba11-76cc096edbbb by @rabbijacob

Incredible

"The history of $GE makes you realize that at scale, capital allocation determines the outcomes

$AAPL buyback program, for example, is among best allocation / $ investments decisions ever

GE by contrast destroyed $500B+ of market cap. Twice Enron, Worldcom, and Lehman combined"

There is a really fun book called Billion Dollar lessons that talks about how companies lost billions of dollars. Some stories feel a lot like Ex-Post explainers as to why things didn't work out but the authors also try to include objectively why a certain decision looked good at the time. I really recommend this book to anyone interested in business stories/ history.