Two Gigantic IPOs That Did Worse Than Facebook

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		Tech Entertainment Wall Street Markets Strategy Sports Lifestyle Politics Law International Video Latest Friday, June 15, 2012 Two Gigantic IPOs That Did Worse Than Facebook Earlier today, the Wall Street Journal reported that the Facebook IPO was not the most disastrous IPO of all time from a first-month perspective. It was the third worst. But we wanted to see how Facebook stacked up against other companies who saw market caps erased as stocks plummeted. Of all issuances that raised more than $1 billion in the U.S., only Giant Interactive and United Microelectronics fared worse. Another big firm that withered over its first calendar month (about twenty trading days): MF Global, which in 2007 was spun off from Man Group.  Above, the worst first month IPO performance. Read » Also On Money Game Today: Feel-Good Rally: Dow Up 91 This Book Written In 1858 On Greece Shows Nothing Has Changed In 150 Years IN 80 SECONDS: Here's Why The Greek Elections Matter IMF Advocates Euro-Wide Deposit Insurance And Spanish Austerity In Report On Spain Advertisement CHART OF THE DAY: This Chart Destroys The Idea Of Peak Oil CHART OF THE DAY: Spain's Gigantic Debt Problem CHART OF THE DAY: Whole Foods Is Now Bigger Than The Portuguese Stock Market 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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