Analysts at Facebook’s lead underwriter, Morgan Stanley, have set a price target of $38 on newly-public Facebook’s stock — …
Nasdaq
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 …
Do “Dark Pools” Threaten the Health of America’s Financial Markets?
NYSE Euronext and Nasdaq OMX Group – the corporate parents of the America’s biggest stock exchanges – headed to Capitol Hill this week to lobby regulators about a nefarious-sounding phenomenon spreading across Wall Street …
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 …
Why Doesn’t Apple Get More Respect In the Stock Market?
Let’s talk about that other technology stock, shall we? You remember. Apple.
Apple has a problem. The opposite of Facebook’s problem. It’s undervalued and likely to stay that way. That’s pretty surprising given that, even …
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
7 Reasons Facebook Flopped
Facebook skidded 11% lower on Monday, its second day as a publicly traded stock, capping one of the worst market debuts ever. Let’s hope that Mark Zuckerberg and his new bride Priscilla Chan aren’t as star-crossed as the $16 …
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 …
Why Apple Stock Has Been Taking a Beating
Apple has taken a beating over the last five trading sessions, losing nearly 9% of its value – the worst performance since the fall.
Profit-taking is the reason most people mention. But you have to ask: Why now? Last week, …
After More Stock Market Milestones, Is It Time to Breathe Easy?
It’s been a heady week for the markets: The Dow Jones Industrials burst through 13,000; the Nasdaq skipped over 3,000 for the first time since 1999; and yesterday the S&P500 topped 1,400 for the first time in almost four years. …
Dow, Nasdaq Surge to Post-Crisis Highs on Strong Jobs, Economic Data
Wall Street enjoyed a broad-based rally on Friday as two key stock indexes rose to the highest levels since before the Great Recession, propelled by better-than-expected employment data released earlier in the day. The strong …
