Slump of Facebook shares continues- Soros dumps Google and Apple, buys banks

Slump of Facebook shares continues- Soros dumps Google and Apple, buys banks

New York City : NY : USA | May 22, 2012 at 9:09 AM PDT
Source: Fox
Views: Pending
Shares of Facebook ( FB ) took another tumble on Tuesday morning as word spread that the company's lead underwriter slashed its revenue target during the social-networking heavyweight's IPO road show. The latest slide gives further fuel to critics who believed Facebook's initial public offering... FULL ARTICLE AT Fox
  • Clear
  • Share:
  • Share
  • Clear
  • Clear
  • Clear
  • Clear
  • Credibility
  • Wait... Flag

News Stories

  • Regulators probe bank's role in Facebook IPO

      Arizona Republic
    Regulators are examining whether Morgan Stanley, the investment bank that shepherded Facebook through its highly publicized stock offering last week, selectively informed clients of an analyst's negative report about the company before the stock...
  • Regulators probe Morgan Stanley over Facebook IPO

    Reuters Massachusetts Secretary of Commonwealth William Galvin has issued a subpoena to Morgan Stanley over an analyst's discussions with investors on Facebook "The Securities Division has put out a subpoena to Morgan Stanley in connection with the...
  • Is This Why Facebook's IPO Flopped?

      The Motley Fool
    Watch stocks you care about The single, easiest way to keep track of all the stocks that matter.....Let's face it: Facebook 's ( Nasdaq: FB     ) IPO has now officially flopped. After shares popped for literally one minute on IPO day up to $45 only...
  • In-depth analysis puts proper value of Facebook stock lower than $10 a ...

      San Jose Mercury News
    In its three days of trading, Facebook's stock has dropped 18 percent from its $38 issue price...Setting aside the hype and the cultural phenomenon that is the online networking site, Facebook would be fairly priced at $9.59, according to the...
  • So What's $100B Create? The next iPhone or iPad from Apple is surely around the corner, and Google is getting into everything from cloud computing to car making; the company just completed its acquisition of Motorola and will now be manufacturing its own...

More From Allvoices

Related People

Most Commented Reports

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.