Jun 5, 2012 It says there was a 30-minute glitch at the Facebook open a few weeks ago. Losses are estimated to be near $100 million.
Jun 1, 2012 Yesterday discount travel website Kayak announced it’s putting off going public. In the UK, luxury jeweler Graff Diamonds has made a similar move, and today Formula One announced it’s shelving its IPO.
Jun 1, 2012 In the wake of Facebook's IPO, senior business correspondent Bob Moon explains why individual investors are at a sharp disadvantage.
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.
Stacey Vanek Smith
May 25, 2012 A week on, Facebook is grappling with small investors who want compensation for losses due to Nasdaq’s technical snags.
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.
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.
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.
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.
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.