Best and worst IPOs of 2012

Best IPOs: Guidewire
best ipos 2012 guidewire
IPO date: 1/25/2012

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.

  @FortuneMagazine - Last updated December 26 2012 05:55 AM ET
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