该公司的股票在第一个交易日跌破了发行价。
Shares in the company slipped below their issue price on their first day of trading.
通常来说，一笔IPO在经历最初的热捧之后，股价随后就会跌破发行价。
Often, after an initial frenzy on an IPO, the stocks later fall below their initial offering price.
不过，市场并未热情款待今年上市的所有股票，这可以看作是对新股崇拜者的一个警告：在36只已经上市的新股中，有14只已跌破了发行价。
Still, the market isn't hospitable to all IPOs this year, which serves as a warning to weaker wannabes: 14 of 36 completed offerings are trading at less than the offering price.
上周五盛大游戏开始交易之前，市场交易传言依然向好，但该股在开始交易的头几分钟就跌破了发行价，投资者随即纷纷开始抛售。
Early trading chatter Friday before Shanda's stock opened was positive, but investors began to flee when it broke through its IPO price within the first few minutes.
行业专家认为万科股价跌破发行价的主要原因是市场的变化。
Industry experts indicate that Wanke's stock price fell below its issue price mainly due to market change.
行业专家认为万科股价跌破发行价的主要原因是市场的变化。
Industry experts indicate that Wanke's stock price fell below its issue price mainly due to market change.
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