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The Worst 5 IPOs of 2012

One new offering was off by a grueling 81% this year


As I pointed out in a post yesterday, we’ve seen some top-notch IPOs for 2012. Four clocked returns of 100%+.

But of course, there were still plenty of duds. Hey, it’s just part of the process when dealing with new companies.

So here’s a look at 2012’s worst performers (the returns are based on the offering prices):

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