Facebook stock climbs, but company faces lawsuits
The stock climbed $1, or 3.2 percent, to close at $32 on Wednesday. LAWSUITS: Several shareholders who bought stock in the IPO have filed lawsuits against Facebook, its executives and Morgan Stanley, the IPO's lead underwriter. Facebook Stock Closes at $32 on Wednesday. Facebook stock is once again closing in the $30 price range at [...]
Read MoreWhy Facebook Stock May Have Hit a Bottom
Eventually the company could pass Google in revenue because users spend more time on Facebook than on Google's Market watchers have been speculating that underwriters may provide additional support for Facebook shares, in order to keep the stock from If Facebook's IPO on Friday was a one-day Web 2.0 Gold Rush, then today is when [...]
Read MoreFacebook stock dips to $31 on third day of trading
If Facebook's IPO on Friday was a one-day Web 2.0 Gold Rush, then today is when the prospectors realize all the gold has already been taken out of the rivers and start getting trashed on moonshine and move to San Jose to open a shoe store The analyst's revision followed an amended filing by Facebook [...]
Read MoreFacebook stock finishes flat in IPO debut
By JOSHUA FREED It's going to take more than Facebook's initial public offering to push the stock market higher. Facebook shares rose 23 cents above their $38 offering price. It seemed like everything else fell. The Dow Jones industrial average has Facebook shares are trading publicly for the first time ever today, and so far, [...]
Read MoreFacebook stock debut isn't as friendly as expected
Here's the story: Angel investor and all-around web magnate Chris Sacca wrote a quick tweet early yesterday about how it'd be cool if there was a website where people could predict where Facebook's stock will end up at the Basically, DataSift notes, every time the volume of negative chatter on Twitter increased, Facebook's stock price [...]
Read MoreFacebook stock finishes flat in debut
Josh Constine is a technology journalist who specializes in deep analysis of social products. He is currently a writer for TechCrunch. Previously, Constine was the Lead Writer of Inside Facebook, where he covered Facebook Facebook debuted on Wall Street on Friday with arguably the most high-profile initial public offering in history, but the lackluster trader [...]
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