the daily moo

Don't rush to buy Virgin when it lists on the ASX


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Virgin Australia will list in just under a week and a half, and is the biggest new entrant to the ASX in several years. With all the buzz, it’s natural to wonder whether this is an opportunity you should seize. But moomoo's Jessica Amir says there's six reasons to pause before you rush in to buy, not just Virgin, but any initial public offering.

Stocks mentioned include Virgin Australia, Qantas Airways, Guzman y Gomez, Commonwealth Bank, Nvidia, Meta Platforms, Alphabet

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the daily mooBy Moomoo Australia & New Zealand