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Comment on Square stock drops 10%, is now less than IPO priceparent

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Conversely, if the overall market is doing poorly (which it is), you'll get hit in your 401k/pension fund/retirement account. To which degree falling housing prices and falling savings funds would cancel each other out, I do not know. If it were just Box and Square that were doing poorly, you would be fine - these recent IPOs have relatively low institutional holdings as a % of total. Twitter, Facebook, Yahoo on the other hand - upwards of 60% of the stock is owned by institutional investors, AKA your retirement fund and Vanguard ETFs.

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