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(But that would still leave the euro 16.7percentt below its debut value of $1.16675).
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That is down 22.6percentt from its debut value of $1.1667 in January 1999.
That is easier to swallow than the performance of Groupon, which still has a higher market value despite the recent drop in its shares below its debut price.
Its album "With Teeth" (Interscope), below, made its debut at No.1 on the Billboard chart, with sales of 272,000, according to Nielsen SoundScan.
Undervalued Refers to a security selling below the value the market value analysts believe it is worth, or below its liquidation value.
Its stock, now at $12.89, trades 29percentt below its book value.
As a result, the book value of the unit will often be cut to well below its market value.
Enzon, which is profitable, was not trading below its cash value.
Citigroup, one of the nation's largest banking companies, is now trading below its book value.
A country's exchange rate could vary only 1percentt above or below its declared value.
The company's bank debt is trading just below its face value, as are its intermediary bonds.
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