– The New Normal: From $1 Billion IPO To Bankruptcy In 6 Months (ZeroHedge, Nov 7, 2014):
“Surprises like this are poison to the stock market, and this is one of the big surprises,” exclaims the head of listing for Nasdaq’s Copenhagen exchange as OW Bunker A/S – a marine fuel bunker company – went from $1 billion-plus IPO in April to bankruptcy today.
From $1billion IPO to bankruptcy in just over 6 months…