Groupon's initial rally is now history. The stock closed at $26.11 on the day of its IPO and traded higher for a few days, but has plummeted to $17.24 per share today.
Other companies that were heavily oversubscribed at the time of their IPO have also suffered similar fates. We've compiled a list of 12 companies with over $1 billion market cap, that have tumbled since their IPO.
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