By Adriana Lee |
As of Tuesday, says Bloomberg, Mark Zuckerberg can no longer be counted as one of the world’s 40 richest people. At that point, Facebook had experienced an epic drop below the $30-a-share mark. When the stock closed at $28.84, his epic fortune became slightly less…
By Sean P. Aune |
It seems that an extended weekend didn’t do anything to cool the price dropping frenzy that is the Facebook stock. On the first trading day of the new week, shares of Facebook took another hit as it dropped a further to 9.62 percent or $3.07…
By Adriana Lee |
At this point, is there any doubt that the Facebook IPO was an epic failure? Not even a little bit, says Bloomberg BusinessWeek. That ginormous 13 percent drop over its inaugural 5 days of trading qualifies it as the worst-performing IPO of the last 10…
By Sean P. Aune |
What do you do when your stock has a rough start on the NASDAQ? You look into switching stock markets, of course. While the NASDAQ stock exchange is known for being heavy with tech stocks, it appears that the technology that powers it could be…
By Sean P. Aune |
In its third day of trading, things definitely did not improve for Facebook as its stock lost even more ground over its opening price. Facebook lost yet another 8.9% or $3.03 to close at an even $31. At this point it seems hard to remember…
By Todd Haselton |
U.S. regulators are prepared to probe allegations that Morgan Stanley published negative information about Facebook ahead of the social network’s initial public offering last week. The news could have resulted in a greater number of companies deciding to sell off stock — or not invest…
By Sean P. Aune |
The stock market wasn’t too kind to Facebook in its second day on the NASDAQ. Things didn’t go so well for Facebook on its first day of trading last Friday. From sales starting late due to software issues to closing out trading with barely any…
By Sean P. Aune |
Despite a ton of hype and anticipation, it is clear that no one walked away from the Facebook IPO with a wheelbarrow full of new money except for the staff of the company. With an IPO of $38, the Facebook stock opened to the public…
By Sean P. Aune |
With the Facebook stock now officially trading, it’s time to play arm chair quarterback and tell us where you think it’s going. While we are certainly not stock experts around TechnoBuffalo, a couple of us are making predictions on where we think it will end…
By Sean P. Aune |
Following a delay in the opening of the stock to public trading, Facebook opened up at $43 per share. Despite the price being announced as $38 a share, the institutional traders that got in on the early hours trading had already driven the price up…
By Sean P. Aune |
How often do 28-year-old college dropouts get to list a company on a stock exchange? Seems like a good time to update your status! It’s a big week for Mark Zuckerberg. He turned 28 on Monday and he got to list his social network on…
By Adriana Lee |
Facebook is clearly sprinting toward the finish line, trying to monetize everything it can before the IPO. But that doesn’t mean it’s in a terrible spot right now. Nothing brings a point home like a good old infographic, so here’s one outlining some numbers and…
By Sean P. Aune |
Facebook has officially set its IPO at the high end of the range it announced the other day: $38 a share. At 11am EST on May 18, Facebook shares will be trading on the NASDAQ under the ticker symbol “FB.” How much will that one…
By Sean P. Aune |
While everyone is talking about the prospects of the Facebook IPO launching this week, one thing that is weighing on a lot of potential investor’s minds is how the social network will make enough money to warrant the investment. Our own Jon Rettinger went on…
By Sean P. Aune |
With just two days to go before Facebook stock is public, the company has decided to increase the number of shares it will offer up. In an amended registration document this morning, Facebook listed that it was bringing the total number of shares it plans…
By Sean P. Aune |
It appears that Facebook may have finally made a decision as to which stock exchange it will be listed on, and that winner appears to be the Nasdaq. Since it was announced that Facebook was taking it self public, there has been a lot of…
