Some quick takes from around the market

Haus Talk [HTI 1.49 3.9%] falls just below offer price, to P1.49/share, the lowest it’s been since the first few moments of its trading life back on Monday. HTI has no stability fund, so there’s no deep pool of money in the background ready to soak up all the paper hands that might want out if the price continues to weaken.

Solar Philippines NEC [SPNEC 1.60 0.62%] is the only stock out of the four most recent IPOs (HTI, SPNEC, MEDIC, and ALLDY) that is trading above its IPO offer price. ALLDY is down 2%, HTI is down 1%, and MEDIC is down 51%. One of these things is not like the others, but still.

All three of the next IPOs on the schedule (Figaro, CREIT, and Bank of Commerce) feature stability funds.

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Merkado Barkada's opinions are provided for informational purposes only, and should not be considered a recommendation to buy or sell any particular stock. These daily articles are not updated with new information, so each investor must do his or her own due diligence before trading, as the facts and figures in each particular article may have changed.