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PomDoctor's aggressive valuation and financial instability suggest potential downward price pressure, reminiscent of other overvalued listings that faced corrections.
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PomDoctor raised $20 million, below new Nasdaq minimum of $25 million. IPO priced at lower end, valuing PomDoctor at $472 million. Company's high P/S ratio of 10 appears aggressive for current growth. PomDoctor faces potential listing and financial challenges ahead. Rising shares show initial investor interest, yet financial risks loom.
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