4 ms·
No it's not. FTA: "The IPO produced the worst five-day return among the largest U.S. deals of the past decade." That's an extremely qualified factoid. Pleas
by crikli 14y ago
No it's not. FTA:
"The IPO produced the worst five-day return among the largest U.S. deals of the past decade."
That's an extremely qualified factoid. Please retitle this post.
- rprasad 14y agoYes, it is. On an absolute basis, the Facebook IPO resulted in the lowest 5-day return of any US IPO in the past century. The qualifier "largest" was used only because FB lost more capital in 5 days than the total market caps of the companies involved in the worst IPOs, so it is not the worst IPO on a relative basis. Even then, Facebook still ranks among the worst IPOs in the past decade.