REUTERS/Valentyn OgirenkoInitial-public-offering performance has been awful in 2015.
Most of the big offerings this year are now trading lower than their IPO price. That means investors who bought into these deals in the hope of a rising share price are instead sitting on losses.
That’s not something investors want to see. If the deals aren’t working for them, they could hesitate to invest in IPOs in the future.
Dealogic compiled data on the top 10 IPOs of the year as of Tuesday’s close, and it looked at the performance of each one to date. It found that seven of the top 10 companies …read more
Source: Business Insider
