Comment by creato
8 years ago
Do you have an example? You speak as if this is a very common pattern, but I can't think of any good examples. I can think of some that look like they might fit this pattern if they were to IPO, but that's a big if.
8 years ago
Do you have an example? You speak as if this is a very common pattern, but I can't think of any good examples. I can think of some that look like they might fit this pattern if they were to IPO, but that's a big if.
Groupon IPO'd at $28 a share. Currently trading at around $4
Zynga IPO: $23. Now around $3
Snap $22 ... ~$16 (LA not SV)
Blue Apron $10 ... ~$2
Box plummeted more than 50% before coming back up closer to the IPO price but has almost never exceeded the IPO price since inception.
And there are a lot more that are newer and still riding the capital injection from the IPO (like twitter).
snap