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by rprasad
5135 days ago
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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. |
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