Can be used to quickly analyze drops after IPO, for example if you have target percentage that the stock should drop after IPO.
Don't hesitate to send me a message if you have questions, noticed any bugs or have suggestions on improvements.
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.