IPOs are typically a cash grab. Stock is offered for purchase at a price, and usually there’s a bump in price. The first investors will sell for a profit at peak price, and then it will drop to whatever value the market decides. And that could be higher or lower than the initial price per share.
A friend of mine has Long Covid. Prior to catching it in 2020 she was in great physical shape and an avid hiker of the Scottish Munros. Now she has issues finding an activity that doesn’t leave her winded, or extremely fatigued.
Long Covid is real, not something made up because a person was all ready in poor health prior to catching the virus.