Reported about 6 hours ago
Venture Global Inc. has experienced a dramatic decline since its IPO, with shares plummeting over 60% and wiping out $39 billion in market value. Initially valued at $65 billion, the company's outlook worsened after failing to meet earnings expectations shortly after going public. This performance positions it as the worst-performing company in terms of share price for its first two months post-IPO, raising concerns in a volatile IPO market where most large first-time share sales are trading below their initial values.
Source: YAHOO