Catch up on stories from the past week (and beyond) at the Slashdot story archive

 



Forgot your password?
typodupeerror
Get HideMyAss! VPN, PC Mag's Top 10 VPNs of 2016 for 55% off for a Limited Time ×
Social Networks

Submission + - Facebook Shares Retreat Below IPO Price (foxbusiness.com)

gtirloni writes: Just days after wrapping up the biggest initial public offering in Silicon Valley history, shares of Facebook slumped 6% and tumbled below their issue price on Monday, a troubling signal for the newly-public social network. Facebook broke below its $38-a-share issue IPO price in the wake of a highly-anticipated offering that raised more than $16 billion, the second-largest domestic IPO after Visa’s 2008 debut. Shares of Facebook were recently off 6.44% to $35.72.
This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

Facebook Shares Retreat Below IPO Price

Comments Filter:

The meat is rotten, but the booze is holding out. Computer translation of "The spirit is willing, but the flesh is weak."

Working...