Financial technology innovator Plaid recently announced another round of funding, with JPMorgan Chase and American Express leading the pack. Given its valuation growth in the past two years, Plaid will be one of the larger initial public offerings (IPOs) when it finally goes public.21 Sept 2021
Can you buy stock in Plaid?
Also you can buy Plaid shares when the company goes public via a commission-free trading app like eToro or Webull.
The allotment process totally depends on how the IPO got responses from the investors. If the IPO is undersubscribed, then the investor may get allotted all the lots for which they have applied. If the IPO is oversubscribed, then the allocation of shares to the retail investor happens through a computerized process.