Fusion-io Hits the List of IPO Lock Up Sell Offs

Fusion-io (NYSE:FIO) is down after the first of a string of IPO lock-up expirations. The next big expiration is due on Dec. 19. The expiration comes on top of an excess quantity of shares produced by a recent follow-on offering.

Here are some other hot IPOs that will get slammed from lock up sales:

Fusion-IO, Inc. (NYSE:FIO): FIO shares recently traded at $29.72, down $2.41, or 7.5%. They have traded in a 52-week range of $14.90 to $41.74. Volume today was 3,879,401 shares versus a 3-month average volume of 1,406,770 shares. The company’s trailing P/E is 172.79, while trailing earnings are $0.17 per share.

Linkedin Corporation (NYSE:LNKD): LNKD shares recently traded at $73.10, up $3.15, or 4.5%. They have traded in a 52-week range of $55.98 to $122.70. Volume today was 1,802,594 shares versus a 3-month average volume of 1,254,660 shares. The company’s trailing P/E is 1,001.37, while trailing earnings are $0.07 per share.

Groupon Inc (NASDAQ:GRPN): GRPN shares recently traded at $19.34, up $0.3, or 1.58%. They have traded in a 52-week range of $14.85 to $31.14. Volume today was 761,609 shares versus a 3-month average volume of 5,557,490 shares. The company’s trailing earnings are $-2.17 per share.

Angie’s List Inc (NASDAQ:ANGI): ANGI shares recently traded at $14.05, up $0.42, or 3.08%. They have traded in a 52-week range of $10.77 to $18.75. Volume today was 125,873 shares versus a 3-month average volume of 1,163,600 shares. The company’s trailing earnings are $-0.88 per share.