Drew Angerer is a photographer.
2,388 new companies listed their shares around the globe in a record year for IPOs.
The IPO market was hot this year as the stock market grinded higher.
Some IPOs did not participate in the gains. These are the worst performing IPOs.
The number of companies going public around the world has increased this year, with 2,388 firms going public, thanks to record highs in the stock market.
SPACs helped drive a resurgence in new company listings. The amount of money raised from IPOs has more than doubled from the previous year.
The technology sector has been the focus of firms going public, and the most IPOs were captured by the Nasdaq Exchange. Electric vehicle startups Rivian and Lucid Group are two of the high profile IPOs this year.
There have been plenty of big winners with more than 900 IPOs this year.
These are the 10 worst performing US IPOs of 2021. The performance data was obtained from Koyfin. The chart action shows performance based on the opening price of a stock on its first day of trades, not its IPO price.
10. It's called Poshmark.
POSH is listed.
The loss since the IPO price was -57%.
Market capitalization is over $1 billion.
Markets Insider.
9. Blend Labs.
The number is BLND.
The loss since the IPO price was 60 percent.
Market capitalization is over $1 billion.
Markets Insider.
8. InnovAge Holding is a holding.
The person has a ticker.
The loss since the IPO price is.
Market capitalization is over $1 billion.
Markets Insider.
7. It was riskified.
There is a ticker that says "RSKD."
The loss since the IPO price is greater than the IPO price.
Market capitalization is over $1 billion.
Markets Insider.
6. Missfresh is a company
The ticker is called MF.
The loss since the IPO price is at least 50%.
Market capitalization is over $1 billion.
Markets Insider.
5. loanDepot.
There is a ticker that says "LDI."
The loss since the IPO price is.
Market capitalization is over $1 billion.
Koyfin.
4. RLX Technology.
RLX is the ticker.
The loss since the IPO price is.
Market capitalization is $5 billion.
Markets Insider.
3. Tuya.
There is a ticker called Tuya.
The loss since the IPO price was 70%.
Market capitalization is $3.5 billion.
Markets Insider.
2. Oscar Health.
The OSCR is listed.
The loss since the IPO price was -78%).
Market capitalization is over $1 billion.
Markets Insider.
1. Bright Health Group is a health care group.
The ticker is BHG.
The loss since the IPO price was.
Market capitalization is $2.4 billion.
Markets Insider.
Business Insider has an original article.
