Since the start of 2012, there have been numerous high profile initial public offerings for hot technology companies, but despite the buzz many have since traded well below their offer prices.
Take former stock market darling GoPro for example. The wearable camera maker entered the public market selling shares at $24 in June of 2014. Since, the shares have plummeted by about 58%, as of close on Thursday. Under Jack Dorsey's guidance, both Square and Twitter shares were also selling below their IPO prices the same day as well, by about 4% and 45%, respectively. Fitbit, Alibaba, Weibo and Box fall into the same camp, with stock prices 10% or more lower than their offer prices.
Facebook, on the other hand has bucked this trend. The social network's stock price was up 168% from its offer price at Thursday's close, selling at just shy of $102 per share. Unlike its Chinese peer Weibo, the stock price for video-based social network YY was up by nearly 353% the same day. HubSpot, GoDaddy and Tableau are also among the tech companies trading above their IPO share prices. It is important to note, however, that while Tableau's price per share on Thursday was about $40, up from an offer price of $31, the stock has taken a big hit in recent weeks.
See the chart below for other tech IPO winners and losers, based on data from market intelligence firm Ipreo.
