two-thirds trade below issue price

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65% of ’10 IPOs trade in losses

Dec. 30: Despite the criticism against the public sector, their IPOs fared better than the private sector in a scenario where of the 70 public issues in 2010, two-thirds are trading below their issue

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

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