Tuesday, May 22, 2012

Facebook stock

  • (MoneyWatch) Day three in the life of Facebook as a publicly-traded company hasnt started too well. Lets recap the short life span of the company. On day 1, the stock closed only $0.
  • (CBS News)
  • If you were thinking of picking up a few shares of Facebook last week, when it went public at a price of $38, you might be seriously tempted now that the stock has fallen $7 in two days. But forget the dramatic drop.
  • (AP - msnbc.com)
  • The biggest and most hyped IPO in tech history is beginning to look like the most troubled.
  • (San Jose Mercury News)
  • Criticism of the Facebook Inc. stock deal grew as the shares dropped below their offering price in their first full day of trading Monday, wiping $11.5 billion off the social networks market value.
  • (Wall Street Journal)
  • Facebook ended Tuesday, its third day of trading at $31 per share — $7 less than where it launched on Friday.
  • (Forbes)
  • Since the shares started trading Friday, a steady stream of negative news has plagued Facebook, centering on how the deals underwriters and the Nasdaq stock exchange handled the highly hyped IPO.
  • (USA Today)
  • NEW YORK (AP) -- Facebooks newly public stock is sliding further on its third trading day as investors reconsider how much the social network is worth.
  • (Yahoo Finance)
  • Pulling off a successful IPO means properly gauging supply and demand. The underwriters work with the company to decide how much stock to sell and at what price. Facebook sold 421 million shares. That was a lot of stock to sell.
  • (The Christian Science Monitor)
  • Facebook shares are melting down again on Tuesday, and though the rest of the stock market doesnt seem to care, it should: This episode will likely further cement Main Streets hatred and distrust of Wall Street.
  • (Huffington Post)

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