Facebook update: 2nd day of IPO trading declines, about $2 billion loses - Breaking News Allvoices

News Stories Related To: Facebook update: 2nd day of IPO trading declines, about $2 billion loses

Palo Alto : CA : USA | almost 2 years ago  
Report by JENIFERLAMUG It may be a good week start last week for the Facebook co-founder and CEO, when he turned 28-years old, brought his company to public for IPO trading and then married...
    • Clear
    • Share:
    • Share
    • Clear
    • Clear
    • Clear
    • Clear
     
  • Read full report
   Reach     Credibility Credibility of 5
Report Your News Got a similar story?
Add it to the network!

Or add related content to this report

Related news stories

  • Mark Zuckerberg's Marriage: Destined For Glory Or Doom? [EXPERT]

      YourTango | almost 2 years ago
    Mark Zuckerberg has shown the world that he is in love .  After 9 years, he has proposed to and married his longtime girlfriend Priscilla Chan.  Many women probably envy her, thinking to themselves "What does she have that is so special or unique?" ...
  • Facebook's lucky friends?

      Belleville News-Democrat | almost 2 years ago
    00am on May 25, 2012; Modified: 7:12am on May 25, 2012 The following editorial appeared in the Los Angeles Times on Thursday, May 24: Facebook has made a habit of advancing its interests at the expense of its customers, whether by weakening its...
  • Facebook launches 'Instagram rival' camera app

      Independent | almost 2 years ago
    Phone which offers similar functionality to Instagram , only six weeks after purchasing the company for $1bn. The app, which is called Camera, is available on the iPhone for free and has been created in a bid to enhance the Facebook photos mobile...
  • Mark Zuckerberg SUED By Angry Investors

      Perez Hilton | almost 2 years ago
    Facebook 's stock has taken a dive since it's initial public offering and investors are pissed! Some are so pissed that they've filed a lawsuit against the social network, CEO Mark Zuckerberg , and the stock's underwriters at Morgan Stanley. Three...
  • Facebook rolls out Instagram lookalike

      NY Daily News | almost 2 years ago
    The social-networking behemoth rolled out its own photo-sharing app, Facebook Camera, on Thursday, despite having spent $1 billion to acquire Instagram last month. See friends' photos all in one place, Facebook touted on its blog. When you launch the...
  • Mark Zuckerberg saved $111m by selling Facebook shares before stock slumped

      The independent | almost 2 years ago
    The anger surrounding the sharp decline in the value of Facebook shares deepened yesterday when investors who have lost millions discovered that its founder apparently saved more than £110m by selling early. Mark Zuckerberg, the social network's...
  • How to profit from Facebook: Forget stock and start a cool photo app

      The Globe & Mail | almost 2 years ago
    Video Video Most of the fuss over how much Facebook is worth revolves around how fast the company will be able to grow its revenues...And Mr. Zuckerberg, Facebook's co-founder and CEO, knows this better than anyone. In April, Mr. Zuckerberg paid a...
  • Mark Zuckerberg's $100 Million Newark Gift May Be Used To Get Rid Of ...

      New York Observer | almost 2 years ago
    Mark Zuckerberg's $100 Million Newark Gift May Be Used To Get Rid Of Underperforming Teachers 1:36pm Mark Zuckerberg (Photo: Facebook) Facebook founder Mark Zuckerberg gave a $100 million gran t to the public school system in 2010. Now, according to...
  • Facebook IPO Mess Turning Into A Legal & Financial Circus As Morgan Stanley ...

      Tech Dirt | almost 2 years ago
    While the press seems to love those first day pop stories, we've argued for well over a decade that such things are merely signs of a stock being underpriced by Wall Street, causing the company to leave money on the table that it should have received...
  • Bits Blog: Mark Zuckerberg Officially a Billionaire

      The New York Times | almost 2 years ago
    Mark Zuckerberg, the founder of Facebook, is now officially a billionaire. Until now, Mr. Zuckerberg has been staggeringly rich only on paper. On Tuesday, according to a Securities and Exchange Commission filing , the 28-year-old founder completed...
  • Schools.com Infographic Examines Facebook's IPO

      PRWeb | almost 2 years ago
    Facebook's initial public offering valued the company at $104 billion and raised $16 billion. It is the largest in tech sector IPO in history and the third-largest ever behind Visa and Italian power company Enel. May 24, 2012 Schools.com, a...
  • Facebook IPO: Morgan Stanley to reimburse investors ripped off by Facebook ...

      Mail Online UK | almost 2 years ago
    24 May 2012 Amid a flurry of lawsuits over Facebook's initial public offering, the company's top underwriter says it's prepared to pay back investors who were burned when they bought shares. Morgan Stanley announced in a memo on Wednesday that it is...
  • Facebook Is Changing (Again)!

      Perez Hilton | almost 2 years ago
    While all this was going on, Mark kept himself extra busy with a special project: redesigning Facebook....Apparently the updated version of Facebook will have a new timeline and some subtle changes to the display, including streamlining the "Friends"...
  • Status: Dodgy

      The Sun UK | almost 2 years ago
    Mark Zuckerberg is being sued over claims the company buried news of a slump from its new shareholders. Investors yesterday filed lawsuits alleging Facebook and the banks behind last week's US flotation covered up a severe and pronounced reduction in...
  • Disclosure at heart of Facebook investors' lawsuit over IPO

      The Globe & Mail | almost 2 years ago
    Video Video Video The class action relates to reports this week that during Facebook's so-called road show a period ahead of the IPO in which the company and the underwriters pitch the shares to potential investors research analysts at several of the...
  • In Facebook IPO debacle, Wall Street prevails

      Washington Post | almost 2 years ago
    The Washington Post When Mark Zuckerberg's stated mission to connect and empower people collides with Wall Street's actual mission, which is to empower and enrich the well-connected, guess which mission prevails?...That's the lesson we can take from...
  • A few problems with Facebook

      San Francisco Bay Guardian | almost 2 years ago
    And the fallout from the most hyped IPO in history bursts not just the illusion that Facebook is actually worth $100 billion, but the idea that Facebook is different than any other corporation hell-bent on making as much money as possible for a...
  • Facebook IPO mess highlights board problems

      BNET | almost 2 years ago
    Calif., on May 18, 2012, in New York. (Photo by Spencer Platt/Getty Images) (MoneyWatch) Facebook's ( FB ) initial public offering, dogged by questions even before it launched, is beginning to stink. Regulators are looking into whether lead...
  • The Secret to Mark Zuckerberg's Success

      International Business Times | almost 2 years ago
    And he lost 100 times more money on his company's second day as a publicly traded company than you will earn in your lifetime...Because he's got about $18 billion more to burn before he falls on hard times. Share This Story They say money can't buy...
  • Mark Zuckerberg's Wife -- The SIMPLE Ruby Engagement Ring

      TMZ | almost 2 years ago
    Just days after the surprise wedding of the century, Priscilla Chan-Zuckerberg took her brand new ruby rock on the road ... flashing her piece during a lunch date with a friend in Palo Alto, CA yesterday. Facebook honcho -- who has a reputation for...
  • Mark Zuckerberg, Morgan Stanley Sued Over Crappy Facebook IPO [Facebook Ipo]...

      Gawker | almost 2 years ago
    Presented by Mark Zuckerberg, Morgan Stanley Sued Over Crappy Facebook IPO Facebook's stock continues to perform more embarrassingly than your grandmother on Facebook. Now Facebook's disastrous IPO has descended, predictably, into a morass of...
  • Facebook's much-hyped IPO under scrutiny

      India Abroad | almost 2 years ago
    F acebook's much-hyped IPO has hit the headlines for the wrong reasons. Top US financial regulators said the Facebook IPO issues should be reviewed. Its shares fell by 8.9 per cent on Tuesday, closing at $31, or more than 18 below their offering...
  • Facebook, Zuckerberg, Banks Sued Over IPO

      International Business Times | almost 2 years ago
    Facebook Inc, Chief Executive Mark Zuckerberg , and several banks led by Morgan Stanley were sued by shareholders, who claimed the defendants hid the social networking leader's weakened growth forecasts ahead of its $16 billion initial public...
  • The Mark Zuckerberg – Priscilla Chan Love Story – Five Things to Know About ...

      International Business Times | almost 2 years ago
    News Stories in Big Pictures and Photos from the IBTimes View Sample » Photos: The Mark Zuckerberg Priscilla Chan Love Story Five Things to Know About Facebook First Couple May 23, 2012 08:03 AM EDT Mark Zuckerberg, the founder and Chief Executive of...
  • Facebook is People!: Why I Quit Mark Zuckerberg's Online Collective Data ...

      The New York Observer | almost 2 years ago
    Why I Quit Mark Zuckerberg's Online Collective Data Farm 8:00am Last Friday, as his brainchild company went public, Mark Zuckerberg's face filled the multistory video screen adorning the Times Square Reuters building, his image a grinning, pasty...
  • Mark Zuckerberg earns $1billion from sale of Facebook shares after IPO

      Daily News & Analysis | almost 2 years ago
    Facebook founder Mark Zuckerberg has pocketed $1.1 billion after floating his company on the US stock market. Zuckerberg on Tuesday completed the transaction of the 30.2 million shares he sold in Facebook's IPO on Friday. The shares he disposed of...
  • The winners and losers from Facebook's IPO hype | Dean Baker

      Guardian Unlimited | almost 2 years ago
    Facebook's share price has fallen steadily this week on the Nasdaq index. Photograph: Richard Drew/AP It is too soon to tell whether Facebook shares will end up being a good buy or a turkey, but the reaction to the initial public offering (IPO) since...
  • Facebook shares: Stock price falls ANOTHER 9% from Monday's close

      Mail Online UK | almost 2 years ago
    Investors continued to shed Facebook shares on Tuesday. Facebook CEO Mark Zuckerberg is pictured Investors continued to shed Facebook shares on Tuesday, as brokers' growing doubts over the stock's valuation bubbled to the surface.
  • What Can A College Student Buy With 20 Billion? [Infographic]

      College Candy | almost 2 years ago
    This got us to thinking about what all you could buy with $20 billion dollars . It became immediately apparent that the better question was what you could NOT buy with $20 billion...But let your mind wonder for a second about what a college student...
  • Zuckerberg Ties the Knot but Money Trumps Marriage

      Jewish Journal of Greater Los Angeles | almost 2 years ago
    I have read countless articles wondering about a pre-nup agreement between them, but none that ask what kind of cake they had, if they signed a Katuba, or if he changed into a hoodie for the reception.  Zuckerberg is a billionaire, which is lovely,...
  • Billie Joe Armstrong performed at Mark Zuckerbergi¿½s wedding

      Daily News & Analysis | almost 2 years ago
    Mark Zuckerberg, who had an intimate, backyard wedding with Priscilla Chan, had at least one famous name on the modest guest list in the form of Green Day's Billie Joe Armstrong. The singer performed at the Facebook founder's Palo Alto, California...
  • Facebook shares take a dive (Newstalk ZB)

      Xtra News | almost 2 years ago
    Facebook shares take a dive Newstalk ZB May 22, 2012, 4:04 pm It's not the kind of news you want to hear while honeymooning, but shares in Facebook have taken a dive. Newly married Mark Zuckerberg has watched his fortune drop US$2.2 billion, as...
  • David Weidner's Writing on the Wall: Facebook is nothing but embarrassment

      MarketWatch | almost 2 years ago
    As consumers, Facebook encourages us to overshare our lives even though we know we'll come to regret it. As investors we are tempted to overbuy and we are regretting that too...It's as if Mark Zuckerberg is having the ultimate nerd's revenge: he's...
  • 6 reasons that made Zuckerberg the youngest billionaire

      Rediff | almost 2 years ago
    Changing the way we live F acebook now has become part of our habitual life and part of our culture. Usage is not restricted to 'social networking' only: whether it's signing up for this movement or joining that political rally or reading ads, it's...
  • Mark Zuckerberg Just Lost $2 Billion

      Truthdig | almost 2 years ago
    May 21, 2012 Mark Zuckerberg's fortune dropped $2 billion Monday as shares of Facebook tumbled to $34.03, 11 percent below their initial public offering price of $38. The loss prompted analysts and buyers to wonder whether the company was overvalued...
  • Facebook Stock Plummets Post-IPO: 3 Ways Mark Zuckerberg Can Turn It Around

      International Business Times | almost 2 years ago
    After an extremely loud but ultimately undazzling IPO on Friday, Facebook was looking forward to its second day of trading, hoping that its first full day on the stock exchange would show investors a bit more umph. But newlywed CEO Mark Zuckerberg ,...
  • Zuckerberg loses $2 billion on second day of Facebook trading

      Belleville News-Democrat | almost 2 years ago
    For Mark Zuckerberg's sake, it is hoped he went on a honeymoon because he'll need something to take his mind off the billions of dollars he lost on Facebook's second day of trading. Zuckerberg had a pretty good week for a 28-year-old last week. He...
  • Facebook Stock Tumbles Below IPO Price, Why Insiders Say More Losses To ...

      International Business Times | almost 2 years ago
    Articles After closing on Friday, May 18, at $38, Facebook (FB) opened at $33.83 on Monday morning, down 11 percent. Wall Street insiders are attacking the much-hyped social network stock saying that they essentially scared away investors. Talks of...
  • Facebook stock plummets on second day of trading

      San Jose Mercury News | almost 2 years ago
    Shares finished Friday at $38.23, 0.6 percent higher than the price investors paid for IPO stock. Friday reports said the banks that underwrote Facebook's IPO stepped in to buy stock when shares dipped near $38 on the first day of trading in order to...
  • Facebook IPO Score: Zuckerberg 2, Wall Street 0

      BNET | almost 2 years ago
    Earlier today, I posted a piece arguing that the failure of Facebook's ( FB ) shares to pop on the first day of trading was a sign of success, in that the pricing was fair. After falling all morning, it looks like even more of a success for Facebook.
  • Facebook as public firm has some jitters

      United Press International | almost 2 years ago
    Facebook share values fell early Monday following one of the most highly anticipated U.S...Nasdaq delayed the start of the Facebook IPO Friday on fear if its shares were available at the opening bell, pandemonium might ensue. But Facebook shares...
  • Facebook shares plunge below IPO price

      GMA News | almost 2 years ago
    Facebook shares plunged below their offering price in early trade Monday, as early buyers sought to cut losses during the stock's first full day of trade.   In midday trade, the shares were at $33.92, down 11.25 percent for the day and well below the...
  • Facebook Shares Plummet on Day 2

      Asian Wall Street Journal | almost 2 years ago
    Facebook Inc. shares plunged on their second day on the stock market, a black eye for all those involved with the social networking company going public. The shares fell 13.7% early Monday to well below the $38 price for the initial public offering,...
  • Facebook IPO: Hype, chaos and 23 cents Tech trouble hurt opening

      Courier & Press | almost 2 years ago
    11 a.m. , updated May 21, 2012 at 10:11 a.m. Technical glitches and chaotic trading marred the stock debut of Facebook on Friday, disappointing investors and company officials who planned for a festive first day on the market, people familiar with...
  • Facebook bubble begins to deflate?

      Russia Today | almost 2 years ago
    As time runs out ahead of the most hotly anticipated IPO in years, the Facebook deal keeps on broadening...Coupled with good pricing, it could make the offering one of the biggest ever. General Motors Co plans to stop advertising on Facebook just a...
  • Facebook's Mark Zuckerberg loses almost $2bn as share price falls

      Guardian Unlimited | almost 2 years ago
    Facebook's stock fell more than 10% on Monday 21 May, in the social network's second day of trading as a public company. Photograph: Richard Drew/AP Mark Zuckerberg 's fortune dwindled by nearly $2bn (£1.3bn) to $18.7bn within minutes on Monday as...
  • Facebook stock sinks below IPO price

      The Mercury News | almost 2 years ago
    Facebook stock fell below the price it sold for in the company's record-breaking initial public offering during premarket trading on Monday, the second day of public trading for the world's most popular social network. Facebook executed its highly...
  • Why Facebook's IPO was a success

      BNET | almost 2 years ago
    That's because the stock climbed only 23 cents, or just over 0.6 percent, from the $38 offering price...A surging stock on the first day of trading is certainly a success for those insiders with relationships to the investment bankers who can make an...
  • Facebook Founder Mark Zuckerberg Weds the Day after IPO

      PRWeb | almost 2 years ago
    May 21, 2012 RoadFish.com men’s lifestyle and finance magazine today gushed about its excitement for Mark Zuckerberg’s big week, after the Facebook founder had a birthday, rolled out the big Facebook IPO, and capped it off by marrying his girlfriend...
  • Facebook Founder Zuckerberg Weds After IPO: Good or Bad Move?

      International Business Times | almost 2 years ago
    The news of Facebook Founder, Mark Zuckerberg getting married with his long-time girlfriend, Priscilla Chan is all over the news. Aside from the fact that Zuckerberg got married, the timing is also controversial as Mark Zuckerberg wed after Facebook '...


Use of this site is governed by our Terms of Use Agreement and Privacy Policy.

© Allvoices, Inc. 2008-2014. All rights reserved. Powered by PulsePoint.