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Here Are the Worst IPOs of 2017

TheMotleyFool

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IPOs are risky endeavors for both companies and investors. Companies are subject to pressure from Wall Street investors, who now judge the price of their stocks every day. Investors are tasked with judging the price of the stock based on a limited set of information and history.

Sometimes IPOs skyrocket, doubling or tripling in value in just a few weeks (or even days, in some cases). Other times they fizzle out, losing hundreds of millions in dollars for their investors.

2017 saw some high-profile IPO flops. Here are the three worst IPOs of the year.

Source: Fool.com

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