Bloomberg | Venture Global flop swiftly wipes out $39 billion after IPO

The list of companies that have flopped out of the gate when entering public markets has a new king: Venture Global Inc. Shares of the liquefied natural gas exporter have cratered more than 60% since going public, erasing $39 billion in paper value and burning investors who bought the stock in its initial public offering.

Professor Jay Ritter offers his insights on the IPO flop in this story from Bloomberg [subscription required] or at Financial Post.