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Vonage Holdings Corporation (VG) now under $1 per share

Ouch. The poor suckers who bought VG at its tremendously successful IPO had the “privilege” to buy it at $16-18 per share.
Vonage stock price
And today it traded as low as $0.89 per share.
With new startups like ooma Inc., I think it will only become increasingly difficult for Vonage to make money.


This entry was posted on Wednesday, September 26th, 2007 at 11:49 pm and is filed under stocks. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.