Friday, May 18, 2012

Facebook ipo

  • In the end, Facebook's IPO fell flat.
  • (
  • Facebook Inc. (FB)s $16 billion initial public offering has made 28-year-old Mark Zuckerberg the 29th richest person on Earth. Facebook, the worlds most popular social networking company, sold 421.2 million shares for $38 each.
  • (Yahoo Finance)
  • In its much-anticipated debut on the Nasdaq Stock Market, Facebooks stock closed Friday at $38.23, up 23 cents. It had been priced at $38 per share on Thursday night.
  • (Abc Local Web)
  • After a delayed start to trading, Facebooks shares spent much of the day struggling to stay above the $38 IPO price - and ended with just a 23-cent gain.
  • (YAHOO!)
  • The Facebook IPO generated intense attention from the media and investors on its opening day Friday, but it failed to generate much of a profit. The stock closed at $38.
  • (ABC News)
  • After years of anticipation, months of preparation and weeks of frenzied hype, Facebooks shares barely budged Friday in their Wall Street debut. From an initial public offering price of $38, its stock began trading at $42.
  • (Contra Costa Times)
  • There wasnt much to like about Facebooks first day as a public company. The social media giants stock rose by mere pennies in its initial public offering. The shares closed at $38.23, barely above the $38 IPO price.
  • (Los Angeles Times)
  • Tired of watching the tech and financial press fawn over Facebooks initial public offering? Youre not alone. Facebooks IPO has drawn a hefty dose of cynicism, witticisms, and other assorted ribbing from around the Web.
  • (PC World)
  • Not enough investors hit the Like button on Facebooks IPO, which had a surprisingly lackluster trading debut Friday.
  • (Yahoo Finance)
  • Facebook Inc. (FB) (FB) bankers led by Morgan Stanley will split about $176 million for managing the social- networking company's initial public offering after accepting a lower-than-average fee for their work.
  • (Businessweek)

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