Around 33 per cent of the technology companies to enter the market in the last ten years are currently valued at a price lower than their IPO mark.
This according to researchers with analytics house Geckoboard, who studied 100 software, hardware, and social networking companies that have undertaken IPOs since 2006. Of those 100 companies, 67 are trading above their IPO valuation and 33 are below.
One in three tech IPOs now trading below their starting price
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