Social Media has become an integral part of our everyday life and conversation in America and around the globe, with many people spending the better part of their day passively or actively participating on Facebook, Twitter, LinkedIn, and other social network connectors. and Corporate America has picked up on this trend. Big Time. IPO offerings by LinkedIn (LNKD) and Zynga…read more →
NEW YORK (CNNMoney) — Facebook’s stock has plunged nearly 18% from its IPO price, but it’s not simply a case of investors disliking the company. Facebook has attracted a rash of stock flippers — investors who quickly buy and sell a stock in the hopes of making a quick profit. "It’s a day trader’s paradise right now. There’s high volatility…read more →
NEW YORK (Reuters) – Not a single shareholder asked a question at Nasdaq OMX’s annual meeting on Tuesday, just days after the exchange operator bungled Facebook’s widely anticipated market debut, which helped launch the new stock into a three-day slide. When Nasdaq Chairman H. Furlong Baldwin called for questions at the Tuesday morning meeting in new York, he got eight…read more →
tmz.com seekingalpha.com This all seems to be a retreat from the hype…. And a solid look under the covers at…read more →
I expect Facebook to touch the upper range of its valuation expectations of $100b. I would not be surprised if the valuation touches $120b, and the company makes $10b+ in the offering. Here is why: Facebook has 850 million active users with 100 billion connections, sharing 5 billion things everyday. thus, Facebook has more data about consumers than any other…read more →
NEW YORK (CNNMoney) — Facebook’s stock slid below its offering price in morning trading on Monday and ended the day below that level, following a lackluster debut day. Facebook (FB) fell as low as $33 in the first half-hour of trade, but it closed at around $34.03 on Monday. That’s down 11% from Friday’s $38.23 closing price. Though Facebook was…read more →
Facebook stock has fallen more than 10% on its second day of trading, after already having had problems on its opening day of stock trading. In fact, there were so many issues on Friday that the Nasdaq is reportedly changing its IPO procedures, and underwriter Morgan Stanley had to step in to defend the US$38 opening price. For a while…read more →
In case you hadn’t heard, one of the most anticipated floats in recent history is likely to come to market this year. And no, it’s not Mighty River Power. Facebook, already the stuff of Hollywood movies, is gearing up for an initial public offering (IPO) that will add a new chapter to the social network’s story. It’s easy to see…read more →
Facebook (NASDAQ:FB) may have been one of the most-watched stocks of the day, but the public trading newbie certainly wasn’t the hottest. the offering price of Facebook stock had been set at $38 and shares opened 11 percent higher, but ended the day up just 23 cents or 0.6 percent. In fact, throughout the day, it was the company’s underwriters…read more →
NEW YORK (CBSNewYork/AP) – Facebook: Welcome to Wall Street! The site, which was born in a Harvard dorm room eight years ago and has grown into a worldwide network of almost a billion people, made the most talked-about stock market debut in years. After a tense half-hour delay, Facebook trading finally opened at $38 after a lengthy delay that had traders holding their…read more →
