This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Worst IPOs of 2009: Biggest Stock Flops

NEW YORK( TheStreet) -- Initial public offerings surged in the second half of 2009, but not all of the deals were lucrative.

Indeed, all but two of the 10 worst IPOs of the year, as measured by stock returns, came to market in the second half of 2009. On the flip side, six of the 10 best IPOS began trading during the first half.

One could argue, in fact, that during the first half of the year, only the highest quality companies were coming to the market at attractive valuations. "These initial deals were done really well," says Eric Guja, research analyst at Renaissance Capital.

But in the second half of the year, specifically October and November, larger companies coming out of the private equity space became more focused on growth, Guja noted. Currently some 59 companies have come to market in 2009; only 14 of those were completed in the first six months of the year. The fourth quarter alone is on track to beat the rest of the year combined.

So which of the 2009 IPOs performed most poorly -- and what can we learn from these public stock flops? Read on....

1 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
VITC $7.99 -0.06%
AMZN $445.10 0.00%
CPIX $6.97 0.00%
OMER $24.32 0.00%
AAPL $130.28 0.00%


DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs