The New Normal: From $1 Billion IPO To Bankruptcy In 6 Months

“Surprises like this are poison to the stock market, and this is one of the big surprises,”exclaims the head of listing for Nasdaq’s Copenhagen exchange as OW Bunker A/S – a marine fuel bunker company – went from $1 billion-plus IPO in April to bankruptcy today.
From $1billion IPO to bankruptcy in just over 6 months…

This post was published at Zero Hedge on 11/07/2014.