Facebook Ipo Flop Drawing Increased Scrutiny

Regulators wonder whether Wall Street insiders heard data the public did not before stock trading began.As Facebook shares continued their slide, regulators launched inquiries into whether privileged Wall Street insiders were alerted to the company's weakening financial projections, leading them to shun the stock or dump shares just as buying was opened to the public.

Topics:  facebook   wall street   regulators   public   insiders   shares   stock   
BING NEWS:
  • Was Facebook’s IPO a Big Flop?
    Three days prior to its market debut, the underwriting banks Morgan Stanley (MS), J.P. Morgan (JPM), and Goldman Sachs (GS) increased the IPO range, citing heavy demand. This didn’t go over well with some large investors who thought that Facebook was ...
    05/24/2016 - 9:47 am | View Link
  • Facebook (FB) Stock Flop: What it Means For Other Stocks and IPOs
    Facebook was characterized as a “flop” in a New ... indicated that “would-be [IPO] issuers are taking a second look at what they are getting into.” Not only are these companies preparing themselves to deal with increased regulation (reporting ...
    05/30/2012 - 1:00 pm | View Link
  • The £2billion backlash: Zuckerberg sued by Facebook shareholders for 'hiding forecasts of future problems'
    It has emerged today that Facebook’s Chief Financial Officer David Ebersman increased the number of shares offered to investors by 25 per cent less than three days before the company's IPO. Many furious investors are now blaming falling share prices on ...
    05/22/2012 - 9:06 pm | View Link
  • Facebook IPO flop drawing increased scrutiny
    As Facebook shares continued their slide, regulators launched inquiries into whether privileged Wall Street insiders were alerted to the company's weakening financial projections, leading them to shun the stock or dump shares just as buying was opened to ...
    05/22/2012 - 4:49 pm | View Link
  • Morning Links: Facebook Shows Lack of Trust On Wall Street
    Fortune Facebook IPO flop drawing increased scrutiny — LA Times Zuckerberg bombshell: Did Facebook bankers secretly slash forecasts before IPO? — The Daily Beast The Facebook Face-Plant: “Nobody put a gun to their heads” — Jeff Matthews Drachma ...
    05/22/2012 - 1:00 pm | View Link
  • More
BING SEARCH:
  • Leading Blog: A Leadership Blog: General Business Archives
    This is a post by Dave Ulrich and Justin Allen. Dave Ulrich is the author of The Leadership Capital Index in which he details how equity or debt investors can ...
    07/19/2016 - 10:29 am | View Website
  • Gates of Vienna
    After being taken down twice by Blogger within a single week, we got the message: It’s Time To Go. Gates of Vienna has moved to a new address:
    07/19/2016 - 9:39 am | View Website
  • Tech
    What You Need To Know About Tech ... The biggest difference between New York City and San Francisco, according to a tech icon who has run businesses in both
    07/18/2016 - 8:32 pm | View Website
  • US Top News and Analysis – CNBC
    The man who killed 84 Bastille Day revellers in the French city of Nice by driving a truck at a crowd had been radicalized recently and quickly, France's Prime ...
    07/18/2016 - 6:52 pm | View Website
  • Finance News & latest business headlines from AOL
    Get breaking Finance news and the latest business articles from AOL. From stock market news to jobs and real estate, it can all be found here.
    07/18/2016 - 6:37 pm | View Website
  • More
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News