REUTERS/Valentyn OgirenkoInitial public offering performance has been horrible in 2015.
The majority of the big offerings this year are now trading lower than their IPO price.
That means that 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 looked at the performance of each one to date. They found that 7 of the top …read more
Source: Business Insider
