I’m reading about the Palantir lockup expiration but I don’t understand whether is a good thing for those who bought it or a good thing for the company.
In: Economics
A lockup means certain people, usually early investors can’t sell their stock for a while. This is common practice to stop early investor from selling too much stock after a company first joins the stock market.
The expiration just means it’s ending so they will be. Able to sell their stock as they please.
Usually its not a huge deal but if anything it may cause the stock to go down a bit if a lot of people are selling.
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