Unsexy IPOs Get the Brushoff

While IPO investors say they're looking for predictability, they also seem to want some excitement.

On Tuesday, shares of Sirva(SIR Quote), Pinnacle Airlines(PNCL Quote), and Synnex(SNX Quote) -- three well-known, established and vaguely boring companies -- all closed below their issue prices.

"These are companies in dull sectors that are not doing well," said Francis Gaskins, an editor at IPODesktop.com. "They are not in high-growth categories." ...