05-17-2011, 05:51 PM
|
|
|
Purveyor, Fine Asian Porn
Industry Role:
Join Date: Jul 2004
Location: San Francisco Bay Area
Posts: 38,323
|
From the Wall Street Journal:
Quote:
FriendFinder Networks Inc. (NASDAQ: FFN) had one of the worse IPO debuts of recent years.
After pricing 5 million shares at $10.00 per share on Wednesday, the stock?s first day close was all the way down at $7.85 on volume of only 2.7 million shares. Its second day, today, was another drop with shares falling by 5.2% more down to $7.44 on volume of less than a half-million shares.
With friends like this, who needs enemies?
|
...and that was before today's further tumble. 
ADG
|
|
|