{"slug":"japan-ipo-lockup-release-conditions","qid":"trigger_line_trace","label":"One US listing traced against a flat line at 1.5x its offer price","post_title":"Japanese IPO Lockups: The 1.5x Release Rule","post_url":"/blog/japan-ipo-lockup-release-conditions#q-trigger_line_trace","columns":["date","close_usd","trigger_1_5x"],"rows":[{"date":"2024-03-21","close_usd":50.44,"trigger_1_5x":51},{"date":"2024-03-22","close_usd":46,"trigger_1_5x":51},{"date":"2024-03-25","close_usd":59.8,"trigger_1_5x":51},{"date":"2024-03-26","close_usd":65.11,"trigger_1_5x":51},{"date":"2024-03-27","close_usd":57.75,"trigger_1_5x":51},{"date":"2024-03-28","close_usd":49.32,"trigger_1_5x":51},{"date":"2024-04-01","close_usd":45.97,"trigger_1_5x":51},{"date":"2024-04-02","close_usd":50.45,"trigger_1_5x":51},{"date":"2024-04-03","close_usd":46.99,"trigger_1_5x":51},{"date":"2024-04-04","close_usd":45.78,"trigger_1_5x":51},{"date":"2024-04-05","close_usd":47.56,"trigger_1_5x":51},{"date":"2024-04-08","close_usd":46.15,"trigger_1_5x":51},{"date":"2024-04-09","close_usd":45,"trigger_1_5x":51},{"date":"2024-04-10","close_usd":42.09,"trigger_1_5x":51},{"date":"2024-04-11","close_usd":44.53,"trigger_1_5x":51},{"date":"2024-04-12","close_usd":42.27,"trigger_1_5x":51},{"date":"2024-04-15","close_usd":40,"trigger_1_5x":51},{"date":"2024-04-16","close_usd":41.14,"trigger_1_5x":51},{"date":"2024-04-17","close_usd":39.17,"trigger_1_5x":51},{"date":"2024-04-18","close_usd":41.72,"trigger_1_5x":51},{"date":"2024-04-19","close_usd":40.88,"trigger_1_5x":51},{"date":"2024-04-22","close_usd":42.04,"trigger_1_5x":51},{"date":"2024-04-23","close_usd":42.82,"trigger_1_5x":51},{"date":"2024-04-24","close_usd":43.15,"trigger_1_5x":51},{"date":"2024-04-25","close_usd":42.45,"trigger_1_5x":51},{"date":"2024-04-26","close_usd":45.43,"trigger_1_5x":51},{"date":"2024-04-29","close_usd":46.28,"trigger_1_5x":51},{"date":"2024-04-30","close_usd":44.44,"trigger_1_5x":51},{"date":"2024-05-01","close_usd":45.88,"trigger_1_5x":51},{"date":"2024-05-02","close_usd":47.7,"trigger_1_5x":51},{"date":"2024-05-03","close_usd":46.64,"trigger_1_5x":51},{"date":"2024-05-06","close_usd":48.27,"trigger_1_5x":51},{"date":"2024-05-07","close_usd":49.4,"trigger_1_5x":51},{"date":"2024-05-08","close_usd":51.4,"trigger_1_5x":51},{"date":"2024-05-09","close_usd":50.11,"trigger_1_5x":51},{"date":"2024-05-10","close_usd":53.53,"trigger_1_5x":51},{"date":"2024-05-13","close_usd":58.19,"trigger_1_5x":51},{"date":"2024-05-14","close_usd":62.34,"trigger_1_5x":51},{"date":"2024-05-15","close_usd":59.63,"trigger_1_5x":51},{"date":"2024-05-16","close_usd":56.38,"trigger_1_5x":51},{"date":"2024-05-17","close_usd":62.04,"trigger_1_5x":51},{"date":"2024-05-20","close_usd":61.22,"trigger_1_5x":51},{"date":"2024-05-21","close_usd":59.31,"trigger_1_5x":51},{"date":"2024-05-22","close_usd":56.69,"trigger_1_5x":51},{"date":"2024-05-23","close_usd":54.16,"trigger_1_5x":51},{"date":"2024-05-24","close_usd":54.72,"trigger_1_5x":51},{"date":"2024-05-28","close_usd":58.49,"trigger_1_5x":51},{"date":"2024-05-29","close_usd":57.64,"trigger_1_5x":51},{"date":"2024-05-30","close_usd":56.3,"trigger_1_5x":51},{"date":"2024-05-31","close_usd":54.24,"trigger_1_5x":51},{"date":"2024-06-03","close_usd":55.8,"trigger_1_5x":51},{"date":"2024-06-04","close_usd":54.5,"trigger_1_5x":51},{"date":"2024-06-05","close_usd":60.07,"trigger_1_5x":51},{"date":"2024-06-06","close_usd":63.46,"trigger_1_5x":51},{"date":"2024-06-07","close_usd":59.8,"trigger_1_5x":51},{"date":"2024-06-10","close_usd":59.63,"trigger_1_5x":51},{"date":"2024-06-11","close_usd":61.55,"trigger_1_5x":51},{"date":"2024-06-12","close_usd":65.93,"trigger_1_5x":51},{"date":"2024-06-13","close_usd":63.96,"trigger_1_5x":51},{"date":"2024-06-14","close_usd":60.94,"trigger_1_5x":51},{"date":"2024-06-17","close_usd":60.35,"trigger_1_5x":51},{"date":"2024-06-18","close_usd":60.21,"trigger_1_5x":51},{"date":"2024-06-20","close_usd":57.42,"trigger_1_5x":51},{"date":"2024-06-21","close_usd":57.3,"trigger_1_5x":51},{"date":"2024-06-24","close_usd":56.48,"trigger_1_5x":51},{"date":"2024-06-25","close_usd":61.38,"trigger_1_5x":51},{"date":"2024-06-26","close_usd":63.61,"trigger_1_5x":51},{"date":"2024-06-27","close_usd":63.58,"trigger_1_5x":51},{"date":"2024-06-28","close_usd":63.89,"trigger_1_5x":51},{"date":"2024-07-01","close_usd":66.59,"trigger_1_5x":51},{"date":"2024-07-02","close_usd":73.51,"trigger_1_5x":51},{"date":"2024-07-03","close_usd":73.62,"trigger_1_5x":51},{"date":"2024-07-05","close_usd":72.97,"trigger_1_5x":51},{"date":"2024-07-08","close_usd":72.81,"trigger_1_5x":51},{"date":"2024-07-09","close_usd":70.59,"trigger_1_5x":51},{"date":"2024-07-10","close_usd":69.4,"trigger_1_5x":51},{"date":"2024-07-11","close_usd":70.29,"trigger_1_5x":51},{"date":"2024-07-12","close_usd":73.85,"trigger_1_5x":51},{"date":"2024-07-15","close_usd":72.98,"trigger_1_5x":51},{"date":"2024-07-16","close_usd":70.44,"trigger_1_5x":51},{"date":"2024-07-17","close_usd":65.21,"trigger_1_5x":51},{"date":"2024-07-18","close_usd":65.92,"trigger_1_5x":51}],"shape":"series","sql":"WITH offer AS\n(\n    SELECT\n        min(listing_date)                 AS listed_on,\n        toFloat64(max(final_issue_price)) AS offer_price\n    FROM global_markets.stocks_ipos\n    WHERE ticker = 'RDDT'\n      AND final_issue_price > 0\n)\nSELECT\n    toString(d.date)              AS date,\n    round(toFloat64(d.close), 2)  AS close_usd,\n    round(o.offer_price * 1.5, 2) AS trigger_1_5x\nFROM\n(\n    SELECT date, close\n    FROM global_markets.stocks_daily_aggs\n    WHERE ticker = 'RDDT'\n      AND date >= '2024-01-01'\n      AND date <  '2025-01-01'\n) AS d\nCROSS JOIN offer AS o\nWHERE d.date >= o.listed_on\n  AND d.date <  o.listed_on + 120\nORDER BY d.date","computed_at":"2026-08-07T14:26:36.489063+00:00","elapsed":0.002477585}