It’s too simple to blame any single entity. All parties bear responsibility. Investors are angry, but they should look in the mirror.
Facebook IPO
How Low Can Facebook Go?
Facebook shares have fallen 36% since the IPO, which generated $9 billion for company insiders. “It has become a show-me story,” one analyst said.
Facebook Banker Morgan Stanley ‘Likes’ — But Doesn’t Love — FB Stock
Analysts at Facebook’s lead underwriter, Morgan Stanley, have set a price target of $38 on newly-public Facebook’s stock — just weeks after the Wall Street giant’s investment bankers took the social network public at that price. …
After Facebook Debacle, Can Investors Trust the IPO Process?
It’s been over a month since Facebook’s troubled initial public offering, and the fallout continues to reverberate from Wall Street to Capitol Hill. Angry shareholders have filed over 40 lawsuits against Facebook, its …
Who’s to Blame for the Facebook IPO Debacle? Federal Court May Decide
Technical errors caused by the Nasdaq stock exchange helped push down Facebook shares in early trading, the social networking giant suggested in a legal filing late Friday, turning what should have been a triumphant moment for …
Does Facebook’s Floundering IPO Signal a Market Top?
Facebook’s wretched stock performance over the past two weeks may reflect more than just a poorly managed initial public offering
Has Facebook Jinxed the IPO Market for Everyone?
Facebook’s post-IPO meltdown has certainly been bad news for investors who got into the stock at its initial price — or higher. Is it also bad news for the IPO market as a whole?
Facebook, Wall Street Banks Sued Over Pre-IPO Financial Forecasts
Just days after its controversial IPO, Facebook and its Wall Street bankers have been hit by shareholder lawsuits alleging that the social networking giant and its underwriters concealed the company’s decelerating revenue growth …
Facebook IPO Furor: Feds Probing Deal Over Insider Bank Warnings
Facebook IPO Fallout: Four Lessons from a Rocky Public Debut
Facebook shares fell 11% on Monday, after Morgan Stanley and other Wall Street banks ceased to prop up the social network’s stock at Friday’s $38 offering price. Although the IPO was a big success for Facebook and its early …
Facebook IPO Pops Early, Then Drops in Disappointing Debut
Facebook’s public debut — the largest tech IPO in history — performed below expectations Friday, jumping 13% to hit $43 just minutes after trading began, only to retreat quickly to the initial offering price of $38. At that …
Facebook IPO: After the Hype, Investors are Betting on Hope
Eight years after launching Facebook in a Harvard dorm room, Mark Zuckerberg is about to pull off one of the most valuable stock offerings in U.S. history — and the largest ever in tech — making him one of the world’s richest …