Since I complained about it earlier, I figured I should post this article since Bloomberg is calling the investors dumb for complaining about something they paid for. Although this deals less with what the stock does (regarding voting rights and profit), it does deal with the actual price of the stock (that was an overvalued IPO). People feel like they can complain about the price plunging after trading, but they have no right to, obviously. Stocks are a risk. Sure, most IPOs are undervalued, and this was an exception, but it isn’t unheard of.
Note: Don’t believe for a second that I actually have a great deal of knowledge about the stock market.