I won't call the Vonage IPO a miserable failure, but it certainly underwhelmed with a 12.65% drop from the target price of $17 and closing at just $14.85. Still, I'm sure Jeffrey Citron made millions. Good for him, bad for any Vonage IPO investors, including the loyal Vonage customers that invested. Ironic - Vonage customers use Vonage to save a few bucks and those that invested in Vonage probably lost more money that if they stayed with their traditional landline phone carrier. Ouch!
Here's the final tally according to my real-time stock quotes:
Here's the final tally according to my real-time stock quotes:
|
VONAGE HOLDINGS CORP COMMON STOCK (VG) |
As of: 05/24/2006, 4:02pm |
|||||
| Last Trade [tick] | 14.85[-] | Volume | 33,250,100 | |||
| Net Change |  -2.15 |
52 Week High | 0.00 on 00/00/0000 | |||
| Net Change % | -12.65% |
52 Week Low | 0.00 on 00/00/0000 | |||
| Bid | 14.75 | Ex. Dividend Date | ||||
| Bid Size | 2 | Dividend Pay Date | ||||
| Ask | 14.85 | Dividend Rate | ||||
| Ask Size | 1 | P/E Ratio | 0.0000 | |||
| Bid Exchange | NSX | Yield | 0.00% | |||
| Ask Exchange | Pacific | Split Factor | 0.00 | |||
| Last Trade Exchange | NYSE | EPS | 0.00 | |||
| Open | 17.00 | Currency | USD | |||
| Day High | 17.2500 | Primary Exchange | NYSE | |||
| Day Low | 14.4900 |
|
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| Prev Close Price | 0.00 | |||||
| Prev Close Date | ||||||
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