With a ticker symbol like "OWW" how could investors resist? Very easily.
A brief history of Orbitz: originally funded by money losing airlines. IPO. Acquired by Cendant. Sold to private equity. re-IPO'ed last week. The newly minted stock went public below its expected range and has fallen further still.
The company sports a pile of debt and a negative book value.
Nominated by GigaOM as the worst IPO of the year before it even happened.
Related "OWW" coverage from Fool, alarm:clock, and Portfolio.
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