Facebook IPO? Flat. Facebook future? Bright.
Facebook IPO generated no big stock gains on its first day of trading. But Facebook has many of the traits that made Apple, Microsoft, and Google great in the long run. By Charles Arthur, Contributor / May 19, 2012 Facebook Chairman and CEO Mark
Still, the increase of six-tenths of 1 percent was a letdown for many seeking a big, first-day pop in Facebook's share price. "This is like kissing your sister," said John Fitzgibbon, founder of IPO Scoop, a research firm. "With all the drumbeats and
Facebook went public on Friday 30 minutes later than expected. The IPO caused issues for various finance sites such as NASDAQ and eTrade.
Facebook's debut will be the third-biggest US IPO – or initial public offering – in US history. Zuckerberg, who turned 28 on May 14, plans to sell 30.2 million shares in the IPO offering. That will net Zuckerberg about $1.1 billion.
Download Podcast | iTunes | Podcast Feed On today's edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to.