Best and worst IPOs of 2012

Worst IPOs: Facebook
worst ipos 2012 facebook
IPO date: 5/18/2012

We couldn't possibly have an end-of-year IPO list without mentioning what some were calling the worst IPO of the decade, if not all time. From a bungled first day of trading on the Nasdaq to disclosures that the company had provided selective information to large institutional investors, the whole thing was a mess from start to finish.

As Andrew Ross Sorkin wrote in the New York Times in September, "Facebook's market value has dropped more than $50 billion in 90 days. To put that in perspective, that's more market value than Lehman Brothers gave up in the entire year before it filed for bankruptcy." Facebook (FB) has rebounded some since, and it now trades at 28% below its offering price.


  @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.