Modern Healthcare reports on Team Health's IPO yesterday. The company's stock (Ticker: TMH) was trading at about $12.90 per share this morning.

“The mere fact that Team Health opened flat after the price was slashed … and the share size decreased … was a huge disappointment,” said Scott Sweet, senior managing partner for IPO Boutique, in an e-mail. “The last two weeks have been very challenging for any IPO debut.”