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Low U.S. employment growth and the tech sector slows
David Brancaccio May 25, 2012
Some point to the Facebook stock flop as sign of a slowing tech sector. Meanwhile, employment growth for unskilled workers in the U.S. remains stalled.
Will Facebook switch from NASDAQ to NYSE?
Scott Tong May 24, 2012
After technical snafus on the NASDAQ market interfered with the launch of Facebook stock, there are reports the New York Stock Exhange reached out to Facebook to pick up their business.
Shareholders sue Facebook and banks over IPO
Josh Brown May 23, 2012
On the fourth day of Facebook public trading, shareholders sued the company, Mark Zuckerberg, as well as several banks that underwrote the deal.
Lawsuit claims Facebook hid revenue forecast reduction
Scott Tong May 23, 2012
The shareholder lawsuit against Facebook and its banking partners argues they made a "severe and pronounced reduction" to the company's revenue projects days before the initial offering but hid it from the public.
Facebook: Part of the insider's financial club?
Heidi N. Moore May 23, 2012
What did the Morgan Stanley know about Facebook, when did it know, and who did it tell? Shareholders prepare to sue the bank and Facebook over how the public offering of stock was handled.
HP announces layoffs, Facebook to NYSE?
Kai Ryssdal May 23, 2012
A few tech stories we've been following: Hewlett-Packard does announce major layoffs, and there are reports Facebook is thinking of leaving the Nasdaq.
Could Facebook's IPO be unveiling a new tech bubble?
Scott Tong May 22, 2012
The stock tanked 11 percent yesterday, and a technology glitch marred its first day of trading Friday. Some look at the disappointing debut and wonder if something's amiss generally in the tech sector.
Checkered IPO doesn't define Facebook
Heidi N. Moore May 22, 2012
Facebook, the company, doesn’t depend on Facebook, the IPO. Its stock debut is embarrassing, but it doesn’t affect Facebook’s business prospects.
Facebook stock price falls on day two of trading
Heidi N. Moore May 21, 2012
The brand new stock in Facebook is down 11 percent right now to $33.11. If day one of trading was seen as a disappointment, day two is so far not winning many new friends at the social networking company.
Collateral damage mounts after Facebook IPO
Queena Kim May 21, 2012
Lots of companies were counting on the social network to boost their fortunes when it went public. Just the opposite happened.
