Most strong listings fail to sustain gains

Of the 21 IPOs since December 1, 19 shares returned between 9% and 160% on their debut. After the positive start, 17 are trading below their opening prices. Of the 21 IPOs since December 1, 19 shares returned between 9% and 160% on their debut. After the positive start, 17 are trading below their opening prices.  Economic Times