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Facebook shares reach record low

New York - Facebook Inc. (FB) shares fell to their lowest level yet on the NASDAQ exchange. The stock was issued at $38 dollars a share but plunged today to $17.55 before a slight recovery, going even lower than its historic low last Friday.
In the Media by Ken Hanly - 3 comments

Why Warren Buffett stayed away from the Facebook IPO

Last May, a few weeks before Facebook went public with its IPO, Warren Buffett had said in not so many words, investing in Facebook is something he'd planned to steer clear of doing.
In the Media by Leigh Goessl - 6 comments

Op-Ed: Wall St. says Zuckerberg needs adult supervision? Like hell!

Sydney - Wall Street, responsible for the greatest depression in history and America’s general insanity, doesn’t like Mark Zuckerberg’s style. Despite the fact that Facebook revenue grew 32%, they’re talking about giving him “adult supervision”.
In the Media by Paul Wallis - 8 comments

Facebook stock hits new low after IPO lockup period ends

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.
In the Media by Leigh Goessl - 8 comments

Facebook admits it has more than 83 million 'fake' users

This week Facebook admitted the network has tens of millions of 'fake' accounts as a part of its overall user database. The company shared this figure in a filing to the U.S. Securities and Exchange Commission (SEC).
In the Media by Leigh Goessl - 16 comments

Op-Ed: Facebook investors should take responsibility, keep faith

A botched debut and a week of dismal performance on the markets has compelled early investors in social networking site Facebook to brandish their knives.
In the Media by Justin Crann - 2 comments

Facebook day 2: Early trading shows shares drop below IPO price

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.
In the Media by Leigh Goessl - 8 comments

Review: Facebook IPO week in a frenzy of speculation Special

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.
Digital Journal Report by Anthony Carranza - 3 comments

Facebook rumored to seek extended credit, add 3 banks to IPO

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.
In the Media by Leigh Goessl - 2 comments

Op-Ed: Will Facebook stock be a wise, or a risky, investment?

All last year the big question regarding Facebook was, will they or won't they go public? Then, the question morphed into, not if Facebook would enter the stock market, but when.
In the Media by Leigh Goessl - 2 comments
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