U.S. IPOs That Tanked the Hardest in 2023 ☠️

What we’re showing

The worst U.S. IPOs of 2023, ranked by their % return as of Dec. 29, 2023.

What do these companies do?

Here's the TL;DR on the five worst-performing companies on this list:

• U Power is a Chinese company focused on swappable EV batteries.
• Lucy Scientific Discovery is an early-stage psychotropics company.
• Mangoceuticals is an online retailer of erectile dysfunction treatments.
• Surf Air is an electric aviation company focused on regional air travel.
• Hanryu Holdings owns “Fantoo”, an online platform designed for fandom communities.