Best and worst IPOs of 2012

Worst IPOs: Envivio
worst ipos 2012 envivio
IPO date: 4/25/2012

For every big tech IPO win, there was a tech IPO that landed with a thud and Envivio (ENVI) had one of the worst ones of the year. While shares of the Internet video-networking technology firm dipped only 6% on its opening day in April, the stock continued to slide after that. The company revised its revenue outlook in its second and third quarters after struggling to land big name accounts in the US and Europe, where customers tightened their belts.

Six months later, it was down by 76%. It's currently languishing at 81% below its offering price, proving the fickleness of the IPO market this year, especially when it came to tech.


  @FortuneMagazine - Last updated December 26 2012 05:55 AM ET
Join the Conversation
Find Homes for sale
  • Property Type
  • Find a home in:
    New York | Atlanta | Chicago | Los Angeles
    Washington D.C | Houston | Philadelphia | More options
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.