Facebook Inc (NASDAQ:FB) has just cleared the one month milestone since its IPO. At least some news today can leave the company slightly more optimistic about its future. Facebook’s initial public offering has not been the worst offering of all time. That honour falls to Giant Interactive Group (NYSE:GA). Facebook’s IPO is, however, the second worst IPO of all time as of its first month. The company lost around 26% as of yesterday’s close. Giant Interactive, which is a Chinese online gaming company, lost 30% of its value in the first month of its IPO back in 2007. Additionally, if…
Facebook (FB) IPO Was Just Bad Not Horrendous [STUDY]
HFA Staff
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