Do you feel jealous that you missed out on some big IPO deals? Maybe you got lucky after all. Once-highflying IPOs are wandering aimlessly in the wasteland of the public equity markets and understandably unloved by investors, say William Cohan writing for Fortune.
Many have familiar names, such as Zynga (down about 75% from its IPO price) Twitter (down 30%) , and Groupon (down 85%) . Online craft marketplace Etsy recently traded 56% below last year’s price at IPO and 77% under its first-day close. Others that are less well-known are out there, too—like Nimble Storage now 67% below IPO price and falling, round out a pathetic lineup. Steve and Sinclair review the IPO landscape.
Gary Kaultbaum joins the A-Team in segment 3 for a fast paced Q & A