IPOs

Top 10 worst-performing 2014 IPOs on first day of trading

King Digital Entertainment shares fell more than 15 percent in their market debut Wednesday, making it the worst-performing initial public offering so far this year.

King's "Candy Crush Saga" climbed atop download charts on Facebook and iPhone, but investors worried if the London-based game maker could produce another home run.

King's shares hit an intraday low of $18.25 on Thursday from their IPO price of $22.50, which valued the company at about $6 billion.

Here is a list of other IPO flops this year.

Top 10 worst-performing 2014 IPOs on first day of trading

Company Ticker IPO Filing<br> Price Sector 1st Day<br> % Perf. 1st Day<br> Close 1st Day<br> of Trade
King Digital
-Candy Crush
KING22.5Tech-15.56193/26/2014
Eagle
Pharmaceuticals
EGRX15Health Care-14.4712.832/12/2014
uniQure - Biotech
gene therapies
for orphan
diseases
QURE17Health Care-14.0614.612/5/2014
EP Energy - shale
driller
EPE20Energy-9.618.081/17/2014
Genocea
Biosciences
GNCA12Health Care-8.33112/5/2014
North Atlantic
Drilling
NADL9.25Energy-7.688.541/29/2014
Trevena - biotech
focused on pain &
acute heart failure
TRVN7Health Care-7.146.51/31/2014
AmedicaAMDA5.75Health Care-6.265.392/13/2014
InogenINGN16Health Care-5.3115.152/14/2014
NephroGenexNRX12Health Care-3.8311.542/11/2014

Source: Source: CNBC and Renaissance Capital


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