Facebook is the worst performing IPO of the decade

By Siddharth Parwatay | Updated 26 May 2012
Facebook is the worst performing IPO of the decade

Well it’s official now: According to Blooomberg Businessweek, after five days of trading Facebook has been declared the worst performing IPO of the decade.  We bet the investors are not going to “like” this one, are they?

The decline is apparently because information was selectively supplied to large institutional investors and not smaller individual investors.  It’s now down 16 per cent from what it opened at.
But screw all that. What’s even more important is that Digit played nostradamus back in March and  actually predicted this. Check out our March issue cover below. Prophetic isn’t it?

Siddharth Parwatay
Siddharth a.k.a. staticsid is a bigger geek than he'd like to admit. Sometimes even to himself.

Recent Questions

what is the IP address of Facebook. com?
Vivek Bhatt
Sept 17, 2014
Responses 1
t ruth pushpalatha
Sept 22, 2014
Be the first one to post the comment
Post a New Comment
You must be signed in to post a comment