Usually, stocks are in the hands of major shareholders and employees of the company. As long as they are extremely small every day, they can rise and fall.
There are several ways to operate this stock.
There will be a lot before the public offering, and you will get a good income if you draw it.
If there is a trading volume of shares above 5% of the share capital, it means that the honeymoon market is over and the daily limit is about to open.
If the market drops sharply or the volume shrinks or the price drops when the new shares are listed, then buy them boldly, because the major shareholders will definitely try to raise their prices and may start their second honeymoon in the next three months.