Share prices fluctuate, and IPOs are notorious for over-subscriptions by the banks/underwriters because their fees are often percentage based.<p>I don't know why it would be news that price dips below IPO. If the stock plummets over 50% after a few weeks/months like Facebook did, then that could/would be interesting news.<p>Sure, ride-hailers are loss-makers that would be watched with interest, but the author alluding to investor confidence with 1 day's worth of data is a bit foolish.