Cloud technology companies were all the rage in the IPO market this year and Guidewire (GWRE) was the first to set the trend. The firm, which makes cloud software for the insurance industry, was the first tech IPO of the year, debuting in January at $13 a share.
It jumped 32% on its first trading day and it has continued to climb since, making its buy-and-hold investors happy. It currently trades at over $30 a share, a gain of 130% since its debut.
The Mayans weren't the only ones who got it wrong this year. Here are a few of the worst predictions of 2012.