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Tag Archives: ipo

Facebook insiders can sell stock as ‘lock-up’ ends

MENLO PARK, Calif. — Facebook’s early investors and a handful of top executives become eligible on Thursday to sell stock they own in the social networking company. It marks the beginning of a time-honored process for public companies, one that ...

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Facebook shares sink to new low after Q2 results

NEW YORK — Facebook’s stock hit a new low Friday after it reported lukewarm second-quarter results and didn’t give an outlook for the coming months. The stock fell $2.88, or nearly 11 percent, to $23.97 in afternoon trading Friday, after ...

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Facebook’s stock tumbles after 1st public quarter

NEW YORK — Facebook’s first earnings report as a public company had solid numbers, but in the end it landed with a thud — much like its rocky initial public offering two months ago. Facebook reported stronger-than-expected revenue and a ...

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