FACEBOOK IPO LIVE: The social network goes public It's Facebook's big day.
Facebook stock debut fails to sizzle It was barely a "like" and definitely not a "love" from Facebook investors as the online social network's stock failed to live up to the hype in its trading debut Friday.
Highlights from Facebook's debut Facebook's debut on the stock market was preceded by epic hype, delayed by a technical glitch and tracked minute-by-minute by investors around the world. In the end, the fuss was over a gain of 23 cents.
Nasdaq glitch confuses investors of Facebook IPOSome investors who thought they had bought Facebook shares at the opening of trading were left without knowing for hours whether they had received the shares.
Facebook investors left guessing after Nasdaq glitch(Reuters) - Individual investors were left in the dark for hours on Friday about whether their buy and sell orders for newly issued Facebook shares had actually been executed, in the latest of a series high-profile exchange glitches in recent years. Massive demand for the social networking giant's initial public offering, which set a trading volume record for U.S. market debuts, led to a 45-minute delay in the start of trading in the stock. But it was what happened after trading started that had some on Wall Street fuming. ...
SEC to look at Facebook trade glitchesWASHINGTON (Reuters) - The Securities and Exchange Commission will review the Nasdaq trading glitches surrounding the initial public offering of Facebook Inc on Friday, an agency spokesman said. "As is our practice, staff will review the incident with Nasdaq to determine its cause and steps that will be taken to address it," SEC spokesman John Nester said in a statement. (Reporting By Dave Clarke; Editing by Gary Hill)
Everything You Need to Know About Facebook's IPO Now that Facebook's finished its first day on the market, it's time to figure out what it all means. It ended the day at a price of $38.23 per share, almost exactly where it started the morning at $38 per share, does that mean today basically didn't happen? No. As you can see over at our live blog, it was an eventful day, which saw the stock peak at $45 per share, amid tech glitches and a resounding meh from the Internet. What does this mean for Facebook? America? The Internet? Me? You? Let's find out.
Questions and answers on blockbuster Facebook IPO A company started in a Harvard dorm room in 2004 has just raised $16 billion and is valued at $104 billion. All that from an initial public offering of stock.
Is Facebook for Lonely Narcissists? In this week's The New York Times Magazine, Well columnist Tara Parker-Pope asks, "Does Facebook turn people into narcissists?" which, when paired with The Atlantic's own recent cover story by Stephen Marche, "Is Facebook Making Us Lonely?" leads us to wonder whether we're all a bunch of isolated self-obsessed twits.
Facebook IPO: Who is selling stock?Facebook Inc. sold 180 million of its shares in its initial public stock offering. Another 241.2 million came from existing stockholders, including the company's earliest investors and CEO Mark Zuckerberg.
Eurozone crisis drives stocks lower despite Facebook frenzy World stock markets fell again in nervous trade on Friday and the euro hit a new four-month low against the dollar as ratings agencies further downgraded Greek and Spanish banks.
Tale of the tape: Google versus FacebookFacebook is the hottest Internet company to hit the stock market since Google went public in 2004. The Silicon Valley companies, located seven miles apart, also happen to be locked in a bitter battle for Web surfers' allegiance and online advertisers' money. The duel is likely to intensify now that the IPO has given Facebook Inc.'s social network billions of dollars to battle Google Inc.'s dominant search engine.
Historic Facebook debut falls short of expectations SAN FRANCISCO (Reuters) - The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company's sky-high valuation combined with trading glitches left the stock languishing near its offering price at the market close. Facebook shares, which opened up 11 percent, closed at $38.23 after a nail-biting last half hour of trading when the shares dipped to their $38 IPO price. Most investors had predicted a first-day pop. More than 576 million shares changed hands, setting a trading volume record for U.S. market debuts. ...
Facebook falls flat in market debut Facebook stumbled in its first trading day Friday as shares ended barely above the starting price after a glitch-plagued market debut on the Nasdaq that failed to live up to the enormous hype.
Road to IPO: Milestones in Facebook's historyKey developments in the eight years since Facebook Inc.'s creation:
Messy Facebook debut marks weak day on Wall Street NEW YORK (Reuters) - Stocks fell on Friday after a sloppy debut by Facebook Inc spoiled hopes that a spectacular open for the most-anticipated stock sale in years would brighten the mood in what has been a gloomy month for equity markets. Shares of Facebook, the social networking giant, were volatile in the busiest day ever for a trading debut. After early gains of more than 10 percent, Facebook shares fell back to the $38 issue price, ending up just 0.6 percent at $38.23. It was the Nasdaq's most actively traded stock, with more than 566 million shares traded. ...
Beyond Facebook: A look at social network historyFacebook may have made social networking a worldwide cultural phenomenon, but it wasn't the first Internet company to connect people online. And it won't be the last. Here's a look at how social networking has evolved. Some companies have come and gone. Some are mere shells of their former selves. And others show promise, even as Facebook dominates the social Web.
Stocks fall on Europe worries; Facebook debuts It's going to take more than Facebook's initial public offering to push the stock market higher.
Facebook falls flat in public debut After all the hype, Facebook's first day as a public company ended where it began.
US shares skid as Facebook IPO stumbles US stocks slumped Friday as Facebook's highly anticipated record market debut disappointed, adding to bearish sentiment about Europe's financial woes.
Facebook IPO averts "odd lot" question NEW YORK (Reuters) - Facebook Inc's modest debut on Friday may have averted a potential headache for the company and regulators, and kept at bay a debate over the role of "odd lots" in the marketplace. Shares of Facebook traded as high as $45, near the price of $50 that would keep many retail investors from placing a typical "round lot" order of 100 shares, because the total cost will be $5,000 - considered a threshold for many investors. By the end of regular trading on Friday, however, the stock closed at $38.23, just 23 cents, or 0.6 percent, above its initial public offering price. ...
Social media stocks tumble on tepid Facebook IPOThe lukewarm response to Facebook Inc.'s initial public offering sent shares of other social-media companies tumbling Friday.
Scramble for Facebook stock ends in "Face-flop"NEW YORK (Reuters) - On Monday, 74-year-old Betty Tanguilig told her financial adviser to liquidate a $400,000 account and put all the proceeds into Facebook Inc IPO shares. Her adviser, Alan Haft, agreed to sell only $46,000 of the $400,000 account, one of several the retiree has. But at about 6:00 a.m. EDT Friday, Haft heard from his brokerage firm, E*Trade Financial Corp, that Tanguilig did not get any IPO shares. Tanguilig, a retired mother of eight, was furious. She has been on Facebook for many years and regularly logs in. "I had to have it," she said. ...
Nasdaq to resolve early Facebook orders through matching process(Reuters) - Nasdaq OMX said it intends to reach a resolution for Facebook Inc orders entered from 11 a.m. to 11:30 p.m. ET through an "offline matching process." Firms that had questions regarding executions would have to submit requests to Nasdaq by 5 p.m. (Reporting By David Gaffen)
Facebook falls flat in public debut After all the hype, Facebook's first day as a public company ended where it began. Its stock closed at $38.23, up 23 cents, after pricing Thursday night at $38 per share.
Facebook and the Limits of the Network Effect By the conventional understanding of the network effect, which states a service is as valuable as the number of people using it, Facebook can only benefit, right? The social network has 845 million users logging on to the site multiple times a day and only has plans to get bigger as it just went public this morning and needs to keep growing to prove its value. But, in Facebook's case, as the site grows and its network gets bigger, it will also get more annoying and less useful. ...
A Super Sappy Thank You to Facebook; Just the King's Stutters We realize there's only so much time one can spend in a day watching new trailers, viral video clips, and shaky cell phone footage of people arguing on live television. This is why every day The Atlantic Wire highlights the videos that truly earn your five minutes (or less) of attention. Today: A very hilarious and embarrassing tribute to Facebook, things get meta with Conan O'Brien on the the Late Show, and a sensual reading of 50 Shades of Grey with Gilbert Gottfreid.
Facebook users weigh in on, well, FacebookWhile Facebook's initial public offering Friday had all of Wall Street abuzz, its 900 million users had other things on their minds. They were busy sharing with the world their thoughts about the presidential election, Haitian Flag Day and the weekend.
Gov. mistakenly says Facebook invented in Calif.Apparently, California Gov. Jerry Brown forgot to rent "The Social Network."
Facebook users chat and opine about Facebook's $104 billion IPO on the social media siteNEW YORK, N.Y. - While Facebook's initial public offering Friday had all of Wall Street abuzz, its 900 million users had other things on their minds. They were busy sharing with the world their thoughts about the presidential election, Haitian Flag Day and the weekend.
Lakers' Blake, wife target of attacks on TwitterLakers guard Steve Blake and his wife received multiple online threats after he missed a big shot late in Game 2 of Los Angeles' second-round playoff series with Oklahoma City.
Stocks fall on Europe worries; Facebook debuts It's going to take more than Facebook's initial public offering to push the stock market higher.
Facebook stock up slightly in public debut Facebook is trading up 8 percent Friday, as investors seek to put a dollar value on the company that turned online social networking into a global cultural phenomenon.
Facebook investors left guessing after Nasdaq glitch(Reuters) - Individual investors were left guessing for more than two hours on Friday about whether their buy and sell orders for newly issued Facebook shares had been actually executed. The Nasdaq Stock Market, where Facebook is listed, had problems sending electronic messages back to the brokerages that handle orders from individual, or "retail," investors, according to people with direct knowledge of the situation. Because the electronic acknowledgements didn't come back from the exchange, the brokers were unable to tell their clients that trades had been executed. ...
Facebook stock climbs in public debut Facebook updated its status to "public company" on Friday.
Sector Snap: Social Media stocks tumbleShares of social media companies tumbled Friday after Facebook made a lackluster stock-market debut amid reports of a slew technical trading glitches.
Facebook Shares Pop Then Fade in Debut Mark Zuckerberg, CEO and founder of Facebook, rang the opening bell from company headquarters in Menlo Park, California.  
Facebook HQ On IPO Day, As Seen on Instagram [PICS]firewheel
Facebook IPO: No Sizzle, No FizzleOn its first day as a public company, Facebook's stock closed at $38.23 a share.
Nasdaq shares fall after Facebook trading delayNasdaq OMX Group Inc.'s shares fell following an unexpected delay and possible trading problems in the market debut of Facebook Inc., which went public on the Nasdaq in one of the biggest IPOs ever Friday.
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