Wednesday, May 23, 2012

Facebook stock

  • NEW YORK (AP) -- Facebook is updating its status to public company as its stock jumps in its debut on the Nasdaq Stock Market. The stock opened at $42.05 on Friday morning. It later settled at $39.
  • (Yahoo Finance)
  • Nasdaq messed up Facebooks IPO, and now Facebook is totally going to show them by taking its stock away from Nasdaq and hooking up with Nasdaqs frenemy, the New York Stock Exchange.
  • (Huffington Post)
  • The question is, why would Ebersman want to help these investment firms sell so much more of their Facebook stock? In the case of Goldman Sachs, for example, Ebersman increased the amount of Facebook stock the bank could sell from 13.
  • (Forbes)
  • Why Facebook stocks early slump may not matter Even in the lead-up to Facebook's offering, the 28-year-old CEO did not have a major presence at the IPO roadshow events around the country.
  • (
  • Congress is getting involved and investors have become angry, but despite another rough day for Facebook at least its stock price finally closed with a daily gain.
  • (Los Angeles Times)
  • The relationship was on a rocky road from the start. The Nasdaq exchange, home to many tech stocks, had an unplanned 30-minute delay in offering Facebook stock on its IPO day, which may have contributed to the stock's meager performance.
  • (
  • Some in the tech trenches are shrugging off the problems -- Nasdaqs meltdown, the stocks volatility, the questions about whether Facebook tipped some analysts off about its dimming financial prospects -- as Wall Street business as usual.
  • (San Diego Channel)
  • The stock offering that was supposed to bring exultation on Wall Street and in Silicon Valley is instead being viewed as a debacle for the firm and its investment backers.
  • (The Christian Science Monitor)
  • After several days of losses, Facebook's stock opened slightly higher on Wednesday. FB rose to $32 in early trading, up 3.23 percent on the morning.
  • (

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