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Tag Archives: facebook

Where are Facebook’s friends? Stock down after IPO

NEW YORK — Facebook was supposed to soar. Instead, it plunged. After the social network’s stock fizzled on Friday in its long-awaited debut, its stock fell 11 percent on Monday, even as the rest of the stock market rallied. The ...

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Facebook stock up slightly in public debut

NEW YORK — Facebook updated its status to “public company” on Friday. After an anxiety-filled half-hour delay, its stock began trading on the Nasdaq Stock Market for the first time as investors were finally able to put a dollar value ...

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Facebook sets IPO at $38 per share

NEW YORK — Facebook has priced its initial public offering of stock at $38 per share, at the high end of its expected range. It means investor demand is strong for the world’s largest online social network. Facebook Inc. and ...

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Facebook investors to cash out more shares

NEW YORK — Insiders and early Facebook investors are taking advantage of increasing investor demand and selling more of their stock in the company’s initial public offering, the company said Wednesday. Facebook said in a regulatory filing that 84 million ...

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Facebook CEO turns 28, IPO could be $100B gift

NEW YORK — He famously wears a hoodie, jeans and sneakers, and he was born the year Apple introduced the Macintosh. But Mark Zuckerberg is no boy-CEO. Facebook’s chief executive turned 28 on Monday, setting in motion the social network’s ...

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