Shares, Facebook Ipo | featured news

Figuring out the right price for Facebook stock isn't easy

Independent analysts have issued price targets ranging from below $25 a share to nearly $50, while bloggers, day traders and others have trotted out valuations that pin Facebook as low as $6 a share. At $38 a pop, nobody liked Facebook.

 

Shareholders sue Facebook, NYSE comes calling

Facebook Share Price

The fallout from Facebook Inc's messy initial public offering widened on Wednesday as shareholders sued the social network and its bankers while a trading firm revealed a massive loss on the shares and threatened to seek "remedies."

 

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