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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?

By Mero Share September 25, 2023

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

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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?