How the Social Media IPOs of 2011 Fared [STUDY]

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Looking back over the 19 social media IPOs of 2011, Kevin Pleines -- an analyst with Birinyi Associates, a stock market research firm -- found new social media stocks were generally a bad investment, as 82.4% were trading below their opening-day prices. In fact, as of Wednesday, only three were trading above the price they opened on their first day of trading.

This, however, may say less about the social media sector than about IPOs in general. An analysis by The Wall Street Journal found that there were fewer IPOs in 2010 and that the amount raised was 6% less as well. As of the last week of the year, two-thirds of companies are trading below their IPO price. In that regard, social media IPOs performed slightly better. Going by the IPO price, rather than the price the stocks opened on the first day of trading, Pleines found that 57.9% (11 of 19) of social media stocks were trading below that level.

Below is Pleines's assessment of the 19 social media IPOs of 2011. What do you think? Will Facebook's looming IPO give the market a shot in the arm? Sound off in the comments.