One chart shows why investors may want to approach this year's mega IPOs with caution

TIMOTHY A. CLARY/AFP via Getty ImagesHype for this year's mega IPOs is high, but history shows investors should approach with caution. Apollo's top economist highlighted data that shows IPOs since 2019 have underperformed. SpaceX stock has struggled after its colossal offering, down about 18% from its IPO price on Thursday. The AI hype seems endless, and investors are salivating at the chance to finally buy stock in some of the biggest names in the industry. But as Anthropic and OpenAI prepare t