IPO calendars are filling up again, with headlines touting strong demand and renewed confidence. Retail investors should approach this with caution as heavy IPO issuance often harms buyers. The enthusiasm may be high, but it’s important to remember that an IPO is primarily a liquidity event for early investors and founders. The structural reality is that someone familiar with the business has decided to sell part of it. History has shown that private market optimism doesn’t always translate into public market returns, so it’s crucial to analyze the structure and incentives behind each IPO before jumping in.

Read more at Barchart: Why Retail Investors May Be Walking Into A Trap