Best and worst IPOs of 2012

Best IPOs: Yelp
best ipos 2012 yelp
IPO date: 3/2/2012

Despite the fact that the San Francisco-based business reviews site had yet to turn a profit since it was founded in 2004, Yelp (YELP) managed to log a strong first-day performance in the public markets. Shares shot up 64% on their opening day, making it yet another IPO feeding the investor frenzy for Internet stocks.

The shares turned in a solid performance as the year went on, despite the Facebook IPO disaster and general skepticism of social media stock performance -- Yelp is up nearly 50% since the IPO.

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