Gobble, gobble: top IT turkeys of 2012

Find out which companies and people earned the uncoveted 'Turkey' prize

Page 11 of 12

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Heralded as the biggest tech initial public offering (IPO) in some time, the Facebook stock ceremoniously debuted as a publicly traded company in May and then dropped like a rock. And it hasn't quite recovered. Debuting at an initial price of $38 per share, within a month it dropped to $25 per share and by early August it was below $20 per share, where it has been puttering along. Perhaps the valuation was a little high?

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