March 6, 2026
At a loss for words
Well the day has arrived as MiniMed will begin trading. Even before the first shares are traded the stock is down 20% as the company anticipated an initial price of $28 per share which carried an implied valuation of almost $8 billion but instead the price was set at $20 per share making the valuation $5.6 billion. To say this IPO has been one huge cluster F is a huge understatement but believe it or not it gets worse.
Before I get into the most recent disaster I am seriously considering suing our wacky world. April first isn’t . . .
This content is restricted to subscribers. Please subscribe.
Already have an account? Please login.
