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:
  • Here’s the panicked text Mark Zuckerberg sent before Facebook’s historic IPO
    The social giant is now defending a class-action lawsuit filed by investors. Facebook was on the verge of scrapping its $104 billion initial public offering (IPO) in 2012 after receiving poor revenue projections, according to court testimony in a class ...
    08/11/2017 - 5:02 am | View Link
  • Facebook's Snapchat clone has more daily users than Snapchat itself
    An analyst for Morgan Stanley, the lead underwriter for Snap’s IPO, recently cut his rating of the company’s stock, citing competition from Instagram and worries that Snap’s advertising offerings aren’t evolving or improving. The analyst ...
    08/11/2017 - 1:03 am | View Link
  • Facebook's new video service, Blue Apron sinks further below IPO price, Canada Goose to open new stores
    Here’s a look at some of the stocks the Yahoo Finance team will be watching for you today. Facebook (FB) is ramping up its video efforts. Beginning today, the company is launching a video feature called Watch. It will offer original, programming and make ...
    08/10/2017 - 4:35 am | View Link
  • Mark Zuckerberg freaked out, texted 'Everything is going really badly' before Facebook's IPO
    April 2012 was a stressful time for Mark Zuckerberg. The Facebook founder, dealing with Facebook's difficult IPO, texted his then-fiancée Priscilla Chan in a panic, according to new court testimony. “Everything here is going really badly. Our revenue ...
    08/10/2017 - 3:13 am | View Link
  • Ten Ways Twitter's IPO Didn't Turn Out To Be Like Facebook's IPO
    Twitter worked hard to make sure that its initial public offering didn’t turn into the kind of debacle that Facebook experienced when it started out as a publicly-traded company. Twitter sold 70 million shares for $26 each in its IPO and so far on ...
    11/7/2013 - 3:29 pm | View Link
  • More
BING SEARCH:
  • Facebook Prices Its IPO at $38
    Facebook priced its initial public offering at $38 a share, a move that values the Internet company at more than $100 billion. It tried floating higher numbers to ...
    08/14/2017 - 4:19 am | View Website
  • Why did Facebook’s shares fall after its initial public ...
    Facebook held its initial public offering (IPO) on May 18, 2012. This was seen as one of the biggest IPOs in technology and Internet history.
    08/13/2017 - 5:56 pm | View Website
  • Initial public offering of Facebook
    The social networking company Facebook held its initial public offering (IPO) on Friday, May 18, 2012. The IPO was the biggest in technology and one of the biggest in ...
    08/11/2017 - 11:53 am | View Website
  • Facebook IPO: The Social Offering
    Get up-to-the-second breaking news on the Facebook IPO, including in-depth coverage, expert analysis, and Facebook’s stock price.
    08/7/2017 - 6:46 pm | View Website
  • Antonio Garcia Martinez: Lessons from Facebook's IPO for ...
    Antonio García Martínez, a product manager at Facebook when it went public, explains the meaning of a day-one stock pop in his book, "Chaos Monkeys."
    03/2/2017 - 3:28 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