FriendFinder Networks Inc. (NASDAQ: FFN) has managed to be one of the worst IPOs of 2011. The performance was bad enough that you might think it was a Chinese reverse merger…. Far from it. The company reported earnings this week and now it is...
After some of the IPOs we have seen in recent days, it is no wonder that some investors are scared to play in the realm of IPOs. Now there is a new poor-man’s IPO that is taking a bite out of investors. FriendFinder Networks Inc. (NASDAQ: F...
FriendFinder Networks, which owns Penthouse magazine and thousands of adult-oriented social-networking sites, said it completed a round of financing worth $551 million, according to the Wall Street Journal.
FriendFinder said it has a...(
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