Is This the End to the Short-lived IPO Boom?

It goes without saying that fiscal 2014 is shaping up to be a turbulent year for the Nasdaq composite. The tech heavy index is firmly in the red amid selloffs for names like Twitter (TWTR), Groupon (GRPN) and Weibo Corp (WB). But one of the biggest losers of the Index is newly public cybersecurity software maker FireEye (FEYE) whose shares have nosedived more than 70% over the past three months.

Fox Business’ Charles Brady has put together a list of 37 tech firms that raised at least $50 million in their U.S. IPOs in the past 52 weeks.

The 10 stocks below are down an average of 53% from their highs:

  • Cyan, Inc. (CYNI) -72% From 52wk High
  • FireEye, Inc. (FEYE) -70.54% From 52wk High
  • Care.com, Inc. (CARE) -65.13% From 52wk High
  • Textura Corp.  (TXTR) -64.91% From 52wk High
  • Gogo Inc.  (GOGO) -64.15% From 52wk High
  • Nimble Storage, Inc. (NMBL) -62.96% From 52wk High
  • Twitter, Inc. (TWTR) -58.23% From 52wk High
  • Varonis Systems, Inc. (VRNS)  -56.02% From 52wk High
  • Tableau Software, Inc. Class A (DATA) -44.94% From 52wk High
  • Rubicon Project, Inc. (RUBI) -43.79% From 52wk High

For full list click here.

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