VA Linux holds the record for the largest 1 day IPO gain, skyrocketing from $30 to $239.25 (a 698% jump) on December 1999. However, the hype quickly vanished as competitors entered the market and dot com boom crashed later on, causing the stock to crash to under $9 within a year. The company eventually abandoned hardware, renamed itself multiple times over the years.

VA Linux: The biggest dotcom IPO
dfarq.homeip.net/va-linux-the-

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