Vonage IPO Results are In...

Tom Keating : VoIP & Gadgets Blog
Tom Keating
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Vonage IPO Results are In...

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:


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  
Prev Close Price 0.00  
Prev Close Date    

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