#BullishIPO

A "bullish IPO" refers to an Initial Public Offering that is met with strong investor demand, leading to a significant increase in the stock's price on its first day of trading and beyond. This is in contrast to an IPO that underperforms, or is "bearish."

The term is often used to describe debuts where the stock's opening price is well above its initial offering price, and continues to climb, creating a sense of excitement and confidence in the company's future. A recent example of a bullish IPO is that of the cryptocurrency exchange Bullish, which surged over 90% on its debut, with shares reaching as high as $118 from its initial $37 IPO price. This strong performance, fueled by institutional and retail interest, indicates a "bullish" market sentiment towards the company and the sector it represents.