Editor's Pick
There’s been a ton of coverage about the Facebook IPO disaster, but very little of it looks at the crucial point two weeks ago where things went terribly wrong. It’s becoming increasingly clear that Facebook itself made a strategic blunder …
Senator Chuck Schumer (D-N.Y.) hijacked the senate floor today to address critics of his recently proposed Ex-PATRIOT act legislation, which would impose new taxes on people who give up their U.S. citizenship to avoid taxes and bar them from re-entering …
Add the House and the Senate to the growing list of parties with serious questions and concerns about how Facebook, its underwriters, and the NASDAQ handled the most anticipated initial public offering in recent history.
Both the Senate Banking Committee …
The bungled handling of Facebook’s initial public offering by NASDAQ may have left the door open for a rival suitor to win over the newest technology company on the market.
The New York Stock Exchange (NYSE) is using Facebook’s NASDAQ …
In the convoluted case of the botched Facebook IPO, the story goes that the social network’s underwriters, with guidance from a Facebook executive, reduced their 2012 earnings estimates, shared that material information with a few, preferred investors, and let institutional …
Facebook shareholders have filed a class action lawsuit against the social network, as well as underwriting banks including Morgan Stanley, over its first-day trading slide, the law firm Robbins Geller Rudman & Dowd announced this morning.
The suit alleges that …
One day after admitting it screwed up, Nasdaq is planning to make things right with investors who lost money over trading glitches during the Facebook IPO. Nasdaq is planning to spend $13 million to make amends for bad trades that …
Facebook’s shares tumbled this morning to a low of $33.01, well below the company’s initial price of $38 on Friday.
Pre-market trading of Facebook’s stock was already below $38, reports USA Today, but it quickly sank to $33 within the …
Nasdaq chief exec Robert Greifeld admitted Sunday that the exchange was at fault for some glitches in early trading of Facebook’s IPO but said it had nothing to do with the stock’s uninspired performance.
Social networking service Facebook went public …
As if Facebook CEO Mark Zuckerberg wasn’t busy enough readying his company to go public this past week, he also somehow found time to marry long-time sweetheart Priscilla Chan yesterday.
Social networking titan Facebook went public Friday in the largest …
The all-computer run NASDAQ could be to blame for a lack of a Facebook stock pop Friday, when the social network started its first day of trading. Orders flooded in for the stock, but overwhelmed computers and glitches slowed trading …
Hoo boy, anything tech-related that happened over this past week was dwarfed into oblivion by Facebook’s IPO.
Many of us were expecting a glorious event with massive profits for early shareholders, but the day’s events ended in disappointment.
The stock …
Editor's Pick
Before Friday, almost every Silicon Valley insider was saying Facebook stock would finish its first day between $50 and $60 per share.
In reality, the share price at the closing bell was a pathetic $38.37.
How were these masters of …
So, Facebook is now public, and it got off to the most unimaginable and inauspicious start, losing $4 between the NASDAQ’s opening and closing bells.
But don’t go jumping out any windows just yet.
There’s no question that the IPO …
In addition to being one of the largest initial public offerings ever, Facebook’s IPO drew so much interest that the system couldn’t keep up with demand.
Facebook expected to make its public debut at 8 a.m. PT this morning, but …
Leave it up to Next Media Animation, the Taiwanese firm known for its wacky news videos, to create the only Facebook IPO wrap-up that’s actually worth watching.
Sure, this Facebook wrap-up features a dead-eyed Zuckerberg riding the Wall Street bull …
At the end of Facebook’s first day of public trading, its shares were selling for around 9.5 percent less than their opening price.
By the time the closing bell rang, the stock ticker symbol FB sat at $38.37, according to …
It’s official: Facebook is a public company.
With all the hype around Facebook’s big day and the obsession with who’s-getting-rich numbers, its easy to forget to that we’ve had a front row view of Facebook’s ascendance to $38 a share, …
Mark Zuckerberg and his current employees aren’t the only ones making it big in Silicon Valley today. Former Facebook employees who have struck out on their own and started companies — referred to as the Facebook Mafia — have collectively …
Zynga shares halted as Facebook opens for trading.
