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2011 – Dismal year for IPOs

December 22, 2011 Leave a comment

2011 was not the bright year for IPOs that some have hoped for. A look at some of the more high profile IPOs led to quite a few surprises. Groupon popped then fizzled. But it is still above water. Zynga opened down and continues to trade below its IPO price despite cutting it’s valuation in half. And Michael Kors became the surprise hit among fashion stocks.

USA TODAY on 2011 IPOS

 

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