While the Mastercard IPO [symbol: MA] is going fairly well, Vonage [symbol: VG] has now slipped into a single digit at $9.98 as of this writing. It had looked like Vonage was starting to stabilize a little bit around $11-12, but the news of going single digit may force another round of frenzied selling.

Vonage opened at $17 on May 24 and dropped over 13% in the first two hours of trading. At $9.98, it’s lost nearly 42% of its value. Its lowest point as of this writing has been $9.84.

Did this post make you go hmm?

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