Facebook stock plummets on second day of trading Facebook stock fell below the price it sold for in the company's record-breaking initial public offering as trading began Monday, the second day of public trading for the world's most popular social network. Facebook stock takes a plunge – After Facebook stock narrowly stayed above the initial public offering price during its first day of trading, the price fell hard and fast Monday, knocking more than 10 percent off the company's record-breaking initial valuation. After Facebook IPO debacle, finger-pointing begins Facebook stock's slide continued Monday, leaving some investors wondering about the outlook for the newly-public social network. Facebook's stock tumbled below its $38 IPO price on its second day of trading. Facebook Stock Drops: What Really Goes On In IPOs So by most accounts, the Facebook IPO is disappointing. Facebook's stock ended its first day of trading a mere $0.23 above the deal price and today, Day 2, it has dropped more than 10% intraday. It was no accident it closed ever so slightly above the IPO price, but many Facebook stock seen facing crucial week after modest debut NEW YORK (Reuters) - Newly issued shares in Facebook Inc may have a hard time in the coming week if lead underwriter Morgan Stanley stops supporting the stock and managers lower down in the IPO book who were hoping for an early surge decide to get out before going underwater. Facebook on Friday sold 421 million shares of stock in a deal that valued the company at more than $100 billion. But ... Facebook stock off 11% on second day of trading Facebook stock off 11% on second day of trading COMBINED NEWS SERVICES Published May 21, 2012 06:42PM MDT Facebook Inc. shares skidded on their second day of trading on Wall Street Monday, falling below the initial public offering price of $38 and knocking 11 percent off the company's record-breaking initial valuation. Facebook executed its highly anticipated IPO Thursday evening, pricing shares ... Facebook Stock Plummets Post-IPO: 3 Ways Mark Zuckerberg Can Turn It Around After its successful IPO on Friday, Facebook was looking forward to its second day of trading, but CEO Mark Zuckerberg won't be too pleased to learn that his company took a big tumble on the stock exchange on Monday. Facebook shares (listed as "FB" on the Nasdaq) fell from $38.27 to $34.03 apiece, a drop-off of about 11 percent. Facebook stock jumps 10 percent in public debut Facebook stock jumps 10 percent in public debut NEW YORK (AP) — Facebook stock is rising more than10 percent in the world's biggest online social network's debut as a publicly traded company. Surrounded by cheering Facebook employees and wearing his signature hoodie, the 28-year-old pushed the button that signals the opening of the stock market in New York. Facebook stock falls below IPO price Facebook's stock slid below its offering price in early trading Monday, following a lackluster day of trading when the stock debuted. Where are Facebook's friends? Stock down after IPO Where are Facebook's friends? Stock down after IPO COMBINED NEWS SERVICES Published May 21, 2012 09:44AM MDT After Facebook stock narrowly stayed above the initial public offering price during its first day of trading last week, the price fell hard and fast Monday, knocking more than 10 percent off the company's record-breaking initial valuation. Facebook executed its highly anticipated IPO ...
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http://www.forbes.com/sites/davidmaris/2012/05/21/facebook-stock-drops-what-really-goes-on-in-ipos/
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http://www.contactmusic.com/news/facebook-to-go-public-bono-set-to-make-1-billion_1330301
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http://pixelhat.net/
Monday, May 21, 2012
Facebook's Stock Tumbles Harder Than a Drunk Bro In College Sophomore's Facebook Album [Facebook Ipo] Drops What Really Goes On IPOs Saverin's Citizenship Renunciation Before IPO Will Increase Not Reduce His Tax Bill Does Zuckerberg's Hoodie Matter Expatriation of Cofounder Draws Ire Founder's Status Updated to 'Married' The Frenzy Turns Depressing [Bubbles] FACEBOOK TO GO PUBLIC BONO SET MAKE $1 BILLION We Review the Roadshow Movie Four Ways Make Medicine More Like How To Buy Shares But Why It's Okay If You Don't Succeed Hedge Fund Friend Set for HistoryMaking prices at $38 valuation set $104 billion Date Approaches 5 Reasons Shouldn't Bono Become Richest Musician Alive When Public... Capital Market Transaction vs Social Offering Sell Public This Month Zynga Plummet As Catalysts Driving Apple $800 by Year End; Psst Have Them
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