Facebook's Ipo Sputters

Facebook IPO

Facebook shares struggled to stay above their $38 IPO price, as Wall Street bankers stepped in to prevent the newly minted stock from ending its first day with an embarrassing loss.

Sections:  business   
RELATED ARTICLES
BING NEWS:
  • Facebook's Sandberg Won't Run Uber, But She Knows What It Needs
    DETROIT (AP) - Uber seeks a strong manager who can fix a broken image, juggle multiple lawsuits and government investigations, develop and nurture a new corporate culture and lead a successful IPO. Kalanick taking time out to heal from mother's death and ...
    06/24/2017 - 7:24 pm | View Link
  • Snap Is Probably Terrified of Facebook's Dominance -- Here's the Latest Way You Can Tell
    Shares of Snap fell 0.2% to $17.60 in trading on Friday. The stock has fallen about 28% since its March IPO, however, as Wall Street has continued to raise concerns about its slowing user growth and lack of profitability. The social media upstart has ...
    06/23/2017 - 5:20 am | View Link
  • Facebook's (FB) Instagram Stories Boasts 250M Daily Users
    A slowdown in user base growth rate may look unattractive to advertisers. Snap, after a strong IPO debt has failed to keep the momentum going. This has polarized Wall Street’s opinion of the stock, with the majority having cautious sentiments.
    06/21/2017 - 12:58 am | View Link
  • Facebook's big Austin reveal: 120,000 square feet of cool with more to come
    When Facebook opened an Austin sales office in 2010, there were seven employees. Times have changed. Facebook went public in 2012 and the IPO raised $16 billion. In the past five years, the company has been involved in numerous acquisitions including ...
    06/20/2017 - 1:27 pm | View Link
  • Why Mark Zuckerberg panicked when he found out the date of Facebook’s IPO
    Facebook is one of the most successful companies in the world now, but five years ago it was dealing with the fallout of a disastrous initial public offering plagued by technical glitches. It turns out that CEO Mark Zuckerberg originally tried to change ...
    05/19/2017 - 2:44 pm | View Link
  • More
BING SEARCH:
  • Facebook
    Facebook is an American for-profit corporation and an online social media and social networking service based in Menlo Park, California. The Facebook website was ...
    06/22/2017 - 12:28 am | View Website
  • EdgeRank
    EdgeRank is the name commonly given to the algorithm that Facebook uses to determine what articles should be displayed in a user's News Feed. As of 2011, Facebook has ...
    06/15/2017 - 6:41 am | View Website
  • I Was Wrong, Snap's Stock May Act More Like Facebook's ...
    A month in and I'm not seeing the exuberance or hype I thought Snap Inc might have had since IPO. Snap isn't following the trend of the Twitters or Twilios ...
    04/9/2017 - 7:57 pm | View Website
  • Snap shares soar in debut after largest IPO since 2014 ...
    Snap Inc. shares opened up 41% and kept rising Thursday in the Snapchat parent company’s highly anticipated debut on the New York Stock Exchange.
    03/3/2017 - 3:34 am | View Website
  • Facebook's Copycatting of Snap Is a Reason to ...
    Salvador Rodriguez is a staff reporter for the San Francisco bureau of Inc. He covers Apple, Google, Facebook, Twitter, tech diversity, virtual reality, and other ...
    02/28/2017 - 1:58 am | View Website
  • More

Comment On This Story

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