[crikli]

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]

Yes, 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.