Ok, I will assume you're not trolling here, you wrote this in the antecedent:
"I don't see how anyone can claim that these companies having their share prices slashed in half within a year of their IPOs isn't newsworthy."
I responded with a link to the NASDAQ's performance website, which if you look through it will see that there are a lot of companies who lose over half their value within a year of their IPOs. In fact, a number of studies have shown that it is typical for a company to lose value post IPO during its first year.
On that basis, and on the basis that reporting on typical behavior is not 'news', I make the claim that simply losing half their value post IPO is not, by definition, newsworthy.
GRPN and ZNGA are not just some obscure companies; they're incredibly well known, well hyped, and used daily by millions of people.
Yes, IPOs flare out all the time. But the NASDAQ is huge. You can't honestly compare these two companies with a tiny, speculative penny stock. Groupon and Zynga went public with multi-billion dollar valuations. These are massive companies. I know people who lost money on them. You'd be hard pressed to find anyone who has even heard of these others, let alone actually invested in them.
That's why it's news-worthy. That's my point.
Edit:
>"which if you look through it will see that there are a lot of companies who lose over half their value within a year of their IPOs."
Indeed. I'm actually shocked that both Zynga and Groupon made the top five. When you look at who they were anti-competing with, that's insane.
"I don't see how anyone can claim that these companies having their share prices slashed in half within a year of their IPOs isn't newsworthy."
I responded with a link to the NASDAQ's performance website, which if you look through it will see that there are a lot of companies who lose over half their value within a year of their IPOs. In fact, a number of studies have shown that it is typical for a company to lose value post IPO during its first year.
On that basis, and on the basis that reporting on typical behavior is not 'news', I make the claim that simply losing half their value post IPO is not, by definition, newsworthy.