Ipo News

It looks like the excitement is officially over. After one of the biggest IPO hypes ever, Facebook's stock has plunged to a new low after its IPO lockup period began to expire and additional shares were eligible for trade.

Facebook took the lid off its most recent financial statement, reporting its revenues reached $1.18 billion and an operating loss was pegged at $157 million. This was Facebook's first earnings announcement since it went public in May.

Menlo Park - Facebook will "disappear" in five to eight years, claims an investment analyst, citing challenges to its ability to adapt to the mobile web as the culprit.

After Facebook's highly anticipated and heavily watched stock market debut this past Friday, the second day of trading isn't shaping up to be so hot in the early morning hours.

Facebook CEO Mark Zuckerberg rang Nasdaq's opening bell this morning to usher in a momentous day in business history: Facebook's initial public offering is one of the largest in history, elevating Facebook to be one of the most valuable U.S. companies.

The moment many investors and industry experts have been waiting for has finally arrived: Facebook Initial Public Offering week. There are those who favor, despise, or at times fear the largest social network because of its hiccups with privacy.

Now residing in Singapore, Eduardo Saverin is giving up his U.S. citizenship. It seems he will have quite the tax saving due to this move.

Investors wait anxiously while Facebook is set to make an Initial Public Offering (IPO), the biggest in the history of the Internet. Soon Facebook will have to satisfy the interests of investors, as well as users, for successful growth and trading.

Facebook, the world's largest social network, is expected to go public on May 17. The online giant is expected to be valued at $100 billion. Analysts say that Facebook's is the most anticipated stock offering from Silicon Valley since Google in 2004.

A rumor hit this week that Facebook has added three banks to work on its upcoming initial public offering. Additionally, a report surfaced that Facebook is seeking an extended line of credit.