Comment by jjeaff

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).