Sign In
Free Newsletter
NASDAQ to RLJ Entertainment: Your stock price is too low
RLJ Entertainment Inc., a Silver Spring-based owner, developer, licensee, and distributor of entertainment content, may be delisted from NASDAQ by the end of the year. The company said Thursday that NASDAQ had informed the company that the bid price of its common stock had closed below $1 per share — the minimum required for continued […]
Facebook’s stock falls below $30 for first time
NEW YORK — Facebook’s stock has fallen below $30 for the first time since its much-awaited public debut this month. The stock fell $2.40, or nearly 8 percent, to $29.40 in midday trading on Tuesday. That’s down 23 percent since its public stock debut. It went as low as $29.23 earlier in the day. Facebook […]
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 on the company that turned online social networking into a global cultural phenomenon. By early […]
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 its early investors now stand to reap as much as $18.4 billion from the IPO, […]
Facebook set to price initial public offering
NEW YORK — Facebook’s initial public offering could be one of the largest in history if its stock prices at the high end of its expected range on Thursday. Facebook Inc. will likely price its IPO late Thursday, meaning that the investment banks orchestrating the offering will determine the price at which they plan to […]
Top 5: ‘Welcome to the new angel environment’
A new name for a Baltimore neighborhood, the possibility of a new hospital in Prince George’s County and a new funding for a Baltimore tech start-up. Here are the Top 5 business stories of the week. 1. Baltimore Internet company snags $750K in funding – by Alissa Gulin 410 Labs — which this month released […]
Top 5: Penn National, ICC and First Mariner
Late Thursday, The Daily Record broke the story that Penn National may sell its stake in the Maryland Jockey Club. This week also saw the ribbon cutting for the Inter-County Connector toll road, that officials hope will help decongest traffic. Those stories and more in this week’s top 5 staff business stories: 1. Penn National considering […]
