Has this ever happened in an IPO listing? Reference: IME life insurance. Is it stupid to blame it all on Mutual Funds? Was the opening range so high causing immediate decline from day 3?


[Source: Merolagani](https://preview.redd.it/ht4d1j4n6thb1.png?width=910&format=png&auto=webp&s=0e4f44b0f53473f34da2c091c23841203cef53fc)

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