Problem:
Groupon (GRPN) went public at $20 a share and closed the first day at $26.11. Zynga (ZNGA) went public at $10 a share but closed the first day at $9.50. Facebook (FB) went public in 2012 at $38. While the price did initially pop to $42, the stock was trading below $28 within two weeks for a 26.3 percent decline from the IPO offer price.
Required:
Question 1: What subsequently happened to the prices of Groupon, Zynga, and Facebook one month, six months, one year, and two years after their IPOs?
Question 2: In May 2006, Vonage (VG) went public at $17 and six years later the price of the stock remained below $17. What is the current price of Vonage?
Note: Please provide full description.