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. …
Mark Zuckerberg
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 …
Facebook’s $10 Million Privacy Payout: Why You Get Nothing
The technology industry is trapped in a cycle of privacy breaches and class actions that do nothing for the average Internet user. The new Facebook settlement is the latest example.
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 …
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 …
Sick of Hearing About Facebook? You’re Not Alone
With the much heralded Facebook IPO almost upon us, a backlash is growing among those weary of the endless hype. Some are skeptical of the company’s lofty valuation; others are just sick of all the attention being given to a …
Facebook’s IPO is Now Available For E-Trade Retail Investors
Giant online discount brokerage E-Trade has begun offering its retail clients a slice of Facebook‘s highly-anticipated IPO, making good on Mark Zuckerberg‘s desire to give casual investors the chance to participate in the red-hot …
With IPO Looming, Is Facebook’s Ad Business Ready for Prime Time?
On Monday, Facebook will begin the ritualistic process of wooing Wall Strret investors ahead of its forthcoming IPO, according to a report in The Wall Street Journal. Facebook’s “road show” comes ahead of a May 18 target IPO …
