Facebook's Horrible IPO In Context

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		Tech Entertainment Wall Street Markets Strategy Sports Lifestyle Politics Law International Video Latest Wednesday, June 6, 2012 Facebook's Horrible IPO In Context With shares in Facebook continuing their tumultuous run, and Nasdaq saying it would set aside some $40 million for traders who lost money because of delayed communication from the exchange. But we wanted to know how Facebook's more than 30 percent decline since its open compared to other large IPOs. BI analyzed first month returns of 3,700 listings (earlier, BI ran the same chart analyzing only companies who raised only $500 million or more). Among those large listings, Facebook's performance looked all the more bleak — only eight companies posted greater first month drops (including Renren and Vonage). Read » Also On Money Game Today: STOCKS STAGE GINORMOUS RALLY: Here's What You Need To Know Joseph Stiglitz: Why Inequality Is Bad For The Economy Some People Have A Funny Idea For Why The Stock Market Is Surging Citi's Ed Morse Has A Huge Note Blasting Everyone Who Believes In Peak Oil Advertisement CHART OF THE DAY: What It Looks Like When A Central Bank Just Fails CHART OF THE DAY: Here's The Real Reason Obama's Re-Election Odds Are Plunging CHART OF THE DAY: The Scariest Jobs Chart Ever Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.jobhuntportal11@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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