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Not actually? It's trading at $12.97 at the time of this writing. Its IPO price was $16.

You are right, I was referring to it's peak price on IPO day. It did sell it's shares for $16 in the IPO. But either way it's performance has been horrid, 3 years of a -20% is bad enough but it actually slipped to $7 at one point and has only recovered to $12.97 because the CEO got canned and a private equity firm is trying to restructure the entire business.

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