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.
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.
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
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 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 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.
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.
May 21, 2012
Lots of companies were counting on the social network to boost their fortunes when it went public. Just the opposite happened.
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.
May 21, 2012
Facebook's first investors didn't lose their shirts. The company's stock is trading right where it started on Friday: 38 bucks a share. But the initial public offering didn't go exactly as planned. The start was delayed; computer systems locked up; and NASDAQ executives are promising to fix the problems.
