The IPO is a bit of a hurry-up-and-wait, as employees usually can't sell their stock for up to 180 days . This is called a lock-up period, and is meant to prevent employees from all dumping their stock and depressing the stock price.
Can we sell IPO shares immediately after listing day? IPO trading only starts when the market opens on the listing day. You cannot usually sell before this time. They can be sold at or after the beginning of the trading session on listing day .Feb 24, 2022
If the IPO seems years away or management shows no interest in going public, you should also sell some stock — you might not get another chance. If your company stock represents the vast majority of your net worth, it might also make sense to take a little bit off the table and diversify your portfolio.
During the IPO lock-up company insiders and early investors cannot sell their shares , helping to ensure an orderly IPO and not flood the market with additional shares for sale. Lock-up periods usually last between 90 to 180 days. Once the lock-up period ends, most trading restrictions are removed.
IPO trading starts with the market opening time on listing day. Therefore you can't sell prior to this moment . Hence IPO shares can be sold at or after the beginning of the normal trading session on listing day.