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Retail Investors Crash the IPO Party, Bullish Debut Soars 83%
24 Aug
Summary
- Bullish (NYSE:BLSH) IPO saw 83% gain on debut, exciting retail investors
- Brokerage firms like Moomoo are making IPOs more accessible to retail investors
- Retail participation is reshaping which companies thrive in the public market

The IPO market, once heavily guarded by Wall Street, has become more accessible to retail investors thanks to brokerage firms like Moomoo. This shift was evident in the blowout debut of Bullish (NYSE:BLSH) on August 13th, which saw the stock gain 83% on its first day of trading.
Institutional investors were not the only ones celebrating the Bullish IPO's success. As retail investors gain unprecedented access to hot IPOs, their influence is rippling through the stock market. Moomoo's CEO Neil McDonald explains that this trend is not just about demand, but about reshaping which companies thrive in the public market. Businesses that resonate with retail audiences now have a clearer path to public success, as retail momentum can complement and even surpass institutional interest.
Platforms like Moomoo are upending the traditional IPO model, democratizing access in tangible ways. For example, Moomoo ensured that 100% of its subscribing clients received Bullish shares, in contrast with previous IPOs where oversubscribed deals often left retail investors empty-handed. However, there is a 180-day lock-up period for the Bullish IPO, which can affect both retail and institutional investors.
The Bullish IPO won't be the last successful IPO that generates strong enthusiasm from retail investors, and this trend is expected to have a major impact on the stock market as a whole. Retail investors can now reap higher returns by getting into promising growth stocks at their IPO prices, while the corporations entering the public market also benefit from this increased retail participation.