Among giant U.S. IPOs of the last 10 years, Facebook (FB), which is now down 16% from its $38...
Saturday, May 26, 2012, 11:25 AM ETAmong giant U.S. IPOs of the last 10 years, Facebook (FB), which is now down 16% from its $38 offering price, has posted the worst performance, according to Bloomberg's data. Of course, many pre-IPO investors are also underwater: a SecondMarket chart shows Facebook reached current levels in Feb. '11, and largely remained above them until this week. Options trading begins on Tuesday, and could bring additional volatility.
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