Tuesday, January 1, 2013

A Ruckus of an IPO


Editors Choice

When Ruckus Wireless (NYSE: RKUS) went public in mid-November, the stock immediately crashed from an opening price of $15 all the way to close at $12.25 for an 18% loss on the initial day. A month later the stock has soared to a high of $20 highlighting the issues with the IPO market.

The market for IPOs remains as arcane as decades ago with institutional investors blocking out individual more »


Disclosure: No positions mentioned. Please review the disclaimer page for more details. 



No comments: