Investing

Largest IPO Percentage Losses of 2007 (CHIP, DEEP, ZBB, BBND, MMPI, GLUU, IMRX, GSIT, XFML, PINN, LLNW)

a673b.bigscoots-temp.com wanted to bring a best and worst in IPO’s for 2007.  Many investors look for recent IPO’s that have seen the shares hit hard since coming public.  Some of these may be overlooked, but always remember that there is usually a reason that an IPO would be down more than 50% since coming public.  As you can see below, there were some big losers for IPO’s in 2007:

  • VeriChip Corp (NASDAQ:CHIP) Feb. 9 at $6.50; recently $2.49 or -61.69%.
  • Superior Offshore (NASDAQ:DEEP) April 19 at $15.00; recently $5.85 or -61.00%.   
  • ZBB Energy Corp (AMEX:ZBB) June 15 at $6.00; recently $2.40 or -60.00%.
  • Bigband Networks (NASDAQ:BBND) March 14 at $13.00; recently $5.55 or -57.31%.
  • Meruelo Maddux Prop. (NASDAQ:MMPI) Jan. 24 at $10.00; recently $4.36 or -56.40%.   
  • Glu Mobile (NASDAQ:GLUU) March 21 at $11.50; $5.07 or -55.91%.
  • ImaRx Therapeutics (NASDAQ:IMRX) July 25 at $5.00; recently $2.23 or -55.40%.
  • GSI Technology (NASDAQ:GSIT) March 28 at $5.50; $2.51 or -54.36%.
  • Xinhua Finance Media (NASDAQ:XFML) March 8 at $13.00; recently $6.18 or -52.46%.
  • Pinnacle Gas Resources (NASDAQ:PINN) May 14 at $9.00; recently $4.30 or -52.22%.   
  • Limelight Networks (NASDAQ:LLNW) June 7 at $15.00; recently $7.29 or -51.40%.

Jon C. Ogg
December 26, 2007

Join our free email distribution list for previews on IPO’s, spin-off’s, reorganization, restructuring, merger-arb, buyouts, M&A, and more.

It’s Your Money, Your Future—Own It (sponsor)

Retirement can be daunting, but it doesn’t need to be.

Imagine having an expert in your corner to help you with your financial goals. Someone to help you determine if you’re ahead, behind, or right on track. With SmartAsset, that’s not just a dream—it’s reality. This free tool connects you with pre-screened financial advisors who work in your best interests. It’s quick, it’s easy, so take the leap today and start planning smarter!

Don’t waste another minute; get started right here and help your retirement dreams become a retirement reality.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.