Alibaba, GoPro and Box all went public in the last 18 months, and their stocks saw big jumps within their first few days of trading. But markets have punished all three names recently.

On that weakness, "Fast Money" traders see some trade opportunities in the struggling stocks.

GoPro

GoPro shares have plummeted more than 50 percent this year. The camera maker's Thursday close of $27.60 per share brought it ever closer to its $24 per share initial public offering price.

"That sentiment is so negative that it only takes one little thing to get a nice rally," said trader Brian Kelly.

Read MoreGoPro hits new all-time low. Time for Apple to buy it?

He would use GoPro as a short-term trade but would not want to hold it. Trader David Seaburg added that short interest in the stock shows it could see a brief rally.

Box

Cloud computing company Box rose more than 8 percent Monday to close at $12 per share. Still, a rough run recently leaves the stock below its $14 per share IPO price.

Trader Guy Adami believes short covering could also drive a short-term spike for Box.

Alibaba

Alibaba shares have shed about 35 percent of their value this year. Expectations around the Chinese e-commerce company "were too high" when it went public, said trader Tim Seymour.

Read MoreAlibaba: Barron's story contains factual errors

Seymour — whose firm Triogem Asset Management owns the stock — said "the worst of the news is priced in" and it could have some upside.

Disclosures:

Tim Seymour

Tim Seymour is long AAPL, BAC, CLF, DIS, F, FCX, GE, GM, GOOGL, INTC, JPM, KO, LGF, T, TWTR, Tim's firm is long BABA, BIDU, MCD, NKE, NOK, SBUX, YHOO.

David Seaburg

Opinions expressed by David Seaburg are solely his own and do not reflect the views and opinions of Cowen Group, Inc

Brian Kelly

Brian Kelly is long BBRY, GLD, Bitcoin, US Dollar, Crude Oil; he is short Yuan, British Pound, Euro, Yen, EEM, EWC, EWU, EWG, SPY

Guy Adami

Guy Adami is long CELG, EXAS, INTC, Guy Adami's wife, Linda Snow, works at Merck.