Investors waiting for the six month mark before buying Saudi Aramco stocks

Investors waiting for the six month mark before buying Saudi Aramco stocks

Saudi Aramco has been setting new records for being the biggest IPO in the world and there is a chance that people are being shut out from getting stakes in the state-owned oil company from Saudi Arabia.

This as per the experts is positive news.

This has been a major year for the companies like Uber, Pinterest and Lyft which are household names who have been trying to utilize the public markets to generate funding however for the individuals who are investors it has turned out to be better to wait than risk their money on these brands.

The IPOs let the private companies raise funds by selling their shares publicly. These companies are typically listed on the public markets like stock exchanges which give the investors ability at owning these stocks. The existing investors of the company usually get the access to getting preferred shares.

On Thursday, which was also the second day of trading for Saudi Aramco, it was able to climb and touch the valuation mark of $2 trillion.

Saudi Aramco’s deal is also deal which is one of its kind and the main reason for that is the shares of the company are traded on the stock exchange of Saudi Arabia.

The structure of the deal is also such that the citizens of Saudi are given extra shares if they invest in the company for a period of six months.

The institutional investors though are even waiting for the six months to end when the trade of this stock happens in a free manner as per the experts.

Besides, the investors are waiting for this company to be listed on the international stock exchanges and that will require many more disclosures.

Lucille Gendreau
Content Writer & Journalist At Packaging Industry Reports

Lucille is a strong writer who believes in exploring her skills in writing. The key specialty of Lucille’s writing is she presents readers of the Packaging Industry Reports news portal with a range of latest topics such as most recent inventions, researches, new drugs, and so on in the Health sector. After completing a Bachelor’s Degree in Medicines, Lucille wanted to do more challenging work as she is aware that the majority of the worldwide population does not know about basic health care. So, she chose the field of writing that empowered her to connect with more and more people to educate them on these aspects of health.

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