Thursday, May 31, 2012

Facebook’s IPO: No Snap Crackle and Pop!

On Friday the 18th of May, Facebook launched their much-awaited Initial public offering (IPO) on NASDAQ.  The share price of Facebook was priced at $38, and lined $16 billion into the war chest of the social networking site.  However, as of Monday the share price of Facebook has dropped 11% with nowhere of a pop [...]

Source: http://feedproxy.google.com/~r/SimonBlog/~3/umlQ5B8hRp4/

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