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The Worst IPO flops of 2016

#10 Quantenna Communications Inc
#10 Quantenna Communications Inc

Quantenna Communications, a provider of Wi-Fi solutions, stood in tenth position among this year’s IPO flops, generating negative returns of 12.1 percent.

The Fremont, California-based company raised $107 million in October by offering 6.7 million shares at $16 per share, at the high end of the pricing range of $14 to $16 per share. The company’s shares are listed on the Nasdaq Global Select Market under the symbol "QTNA”.