Jeffrey Citron Benefits despite Vonage's IPO Debacle
Filed in archive Companies by gautam on June 09, 2006

Other shareholders have been left fuming as the value of the stock fell by around 29 percent since the company's IPO on May 23. Several analysts are of the opinion that the stock has been overpriced by the underwriters. In a note before the IPO, Pali Research had quoted that the IPO should have been priced below $10 each.
Certainly there is only one clear winner in this IPO, Jeffrey Citron.
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