Uber IPO: Should you buy stock Day 1 or wait?

Uber’s initial public offering is this week, with its stock hitting the public market Friday. Should you hurry to buy?

A review of big recent tech IPOs in California — including Lyft — suggests there’s often a pattern in the early days of trading. Investors privy to this pattern might have a better chance of buying low and selling high.

For instance, LinkedIn opened at $83 and closed that first day at $94.25. But Day 22 was the best time to buy.

LinkedIn stock performance LinkedIn stock performance

How well can you do?

Try to get the best price during the stock's first 60 days.

Lyft has only been trading for 28 days.

Source: FactSet

Credits: Joe Fox, Paresh Dave, Ben Muessig and Jon Schleuss