Tbk, in November 2010, but its shares are now down 64% from their IPO price.
In the recent boom, the success of an offering was judged by the post-IPO price leap.
Almost all of the 30-odd stocks on the new bourse are trading below their IPO price.
These investors then lost when the companies proved to be worth even less than the IPO price.
As the IPO price looked like a distant memory, it seemed as though the test had failed.
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With the stock up close to 50% from the IPO price, the issues for the stock is valuation.
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LinkedIn, which went public last year, also faced criticism, with investors saying the IPO price was too low.
Alibaba.com public in Hong Kong only to see it spend the next 5 years well below that IPO price.
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Also, getting Facebook shares at the IPO price from a broker isn't expected to be easy, say industry participants.
So, there is some merit to not wanting to price the Alibaba at the absolute zenith of an IPO price.
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The company's well-known brand may well have been a reason for the premium it commanded over the expected IPO price.
Two Florida-based banks were among the IPOs completed in 2012, although each one saw its IPO price below the expected range.
Note that Yelp shares have actually performed well in the after market, recently trading at close to 2x the IPO price.
Those customers received it after much of its value had been wiped out, but were still required to pay the IPO price.
In Facebook's case, though, the stock is down from its IPO price.
ConnectOne, which is up 12.5% from its IPO price, is part of another trend in the IPO market: an appetite for financial stocks.
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Also, remember that Yelp shares have performed well in the after-market, and continue to trade above the IPO price despite a recent dip.
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Because all demand at the IPO price is satisfied, it's unlikely for the share price to rise (or fall) dramatically soon after the IPO.
Stockholder concerns about these revelations may nonetheless have contributed to fall of some 30% in Sinopec's share value since its IPO price last October.
But with the stock down more than 50% from the IPO price, some analysts are taking a more constructive stance on the stock this morning.
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PetroLogistics, which operates the world's largest propane-dehydrogenation facility by production capacity, fell 50 cents, or 2.9%, from its 17 IPO price, to close at 16.50.
The Partnership will grant the underwriters a 30-day option to purchase up to an additional 2, 025, 000 common units at the IPO price, less underwriting discounts.
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This group of 23 companies (US IPOs only) are down on average 17% since their offerings , with 14 of them (61%) below their IPO price.
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Some market observers say "holds" are less surprising when the share price already has risen from its IPO price, arguably leaving less room to go higher.
Groupon, the pioneer in the daily deals sector, has struggled in the public market, and now trades at just a fraction of its 2011 IPO price.
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Following its official announcement, Facebook issued registration statements that expressed caution about revenue growth, increased the IPO price range, and increased the total number of shares offered.
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Based on the IPO price, the trust's unit holders will receive distribution yields of about 5.6% for the year ending March 2014 and 6.1% for the following year.
Later that day, news broke of the IPO price-range boost.
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Morgan Stanley and Facebook wanted to raise the IPO price.
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Still, I am informed by a more knowledgeable technology reporter that less highly promoted IPOs like Proofpoint, Infoblox, Splunk and Jive are holding their own around their IPO price.
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