Hot IPOs that have sagged in 2015
This week Google (NASDAQ: GOOGL) celebrated the 11th anniversary of its IPO. The online search giant went public at an unadjusted $85 per share and closed its first trading day up 18 percent at $100.34. (Tweet this)
At the time, Google's IPO was seen as anything but hot . But the stock doubled by the end of the year and soon the " disastrous" start was forgotten.
Other companies have not been so lucky. So far this year, companies like Etsy (NASDAQ: ETSY), Box (NYSE: BOX) and Axovant Sciences (NYSE: AXON) have failed to wow investors beyond their trading debuts.
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The year isn't over yet, so these stocks could still rally as we head into the holiday season. If anything, the Google model teaches investors to be patient.
-CNBC's Bob Pisani contributed to this report.
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