by Greg Guenthner
Daily Reckoning
These stocks were left for dead just a few weeks ago…
But as the bull expands this month, the most hated names on the market are getting a second chance at greatness.
I’m talking about fresh IPOs. These newly-listed stocks are beginning to explode, handing traders massive gains in a matter of days. In fact, two of the best performing names of the summer are newly listed stocks.
Acacia Communications (NASDAQ:ACIA) began trading in May. It hasn’t looked back. After churning higher for three straight months, shares are up nearly 350%. Twilio Inc. (NYSE:TWLO) is the same story. This stock debuted in June—and has risen nearly 300% since its first day on the market…