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Facebook Stock Jumps as Analysts Call for Better IPO Rules

Facebook Stock Jumps as Analysts Call for Better IPO Rules

EMMANUEL DUNAND/AFP/GettyImages(NEW YORK) — Facebook stock closed up for the second day in a row as Facebook’s underwriters continued to face heat over whether they gave an unfair advantage to preferred clients. Many average investors lost thousands o…

Facebook Camera: New Camera App for iPhone, iPod Touch

Facebook Camera: New Camera App for iPhone, iPod Touch

Facebook(NEW YORK) — The world might be focused on the issues surrounding Facebook’s stock price and Mark Zuckerberg’s relationship with investors, but the social media giant is trying to move ahead with business as usual. And today’…

Can Facebook Ruin Your Marriage?

Can Facebook Ruin Your Marriage?

iStockphoto/Thinkstock(NEW YORK) — It turns out the kiss of death for marriages might be more like a poke. A third of all divorce filings in 2011 contained the word “Facebook,” according to Divorce Online. And more than 80 percent of U.S. divorce atto…

Facebook Sued, Subpoenaed About IPO

Facebook Sued, Subpoenaed About IPO

Zef Nikolla/Facebook(WASHINGTON) — Facebook and its IPO underwriters are being sued and face pointed questions from lawmakers about whether they misled some investors before the largest initial public offering by a tech company in U.S. history. Facebo…

Regulators to Review Morgan Stanley’s Role in Facebook IPO

Regulators to Review Morgan Stanley’s Role in Facebook IPO

EMMANUEL DUNAND/AFP/GettyImages(NEW YORK) — Since its debut on NASDAQ last Friday, Facebook’s stock has been sliding, dropping from an initial public offering price of $38 to just under $32 by Tuesday’s close.Co-founder Mark Zuckerberg has already los…

Facebook IPO: Lessons for Investors

Facebook IPO: Lessons for Investors

Peter Foley/Bloomberg via Getty Images(NEW YORK) — With Facebook’s stock down 11 percent at Monday’s close, many retail investors who thought they were getting the hot ticket in town may soon be playing hot potato with their Facebook shares.If there’s…

Stocks Bounce Back from Losing Streak

Stocks Bounce Back from Losing Streak

iStockphoto/Thinkstock(NEW YORK) — The market regained some lost ground Monday. Stocks rose following a report that shows economists are more optimistic about housing and employment. The Dow had its best day since April 17. The index rose 135 poi…

Nasdaq CEO ‘Embarassed’ by Glitches During Facebook’s IPO

Nasdaq CEO ‘Embarassed’ by Glitches During Facebook’s IPO

EMMANUEL DUNAND/AFP/GettyImages(NEW YORK) — The chief executive of the Nasdaq stock market admits he was “embarrassed” by what happened on Friday when trading glitches led to doubts about the market’s ability to handle hot IPOs. Nasd…

Facebook Shares Plunge Below IPO Price

Facebook Shares Plunge Below IPO Price

Peter Foley/Bloomberg via Getty Images(NEW YORK) — Shares of Facebook plunged below its IPO price and previous close, opening down 11 percent to $33.83 on Monday morning.Facebook stock closed at about $38.23 on Friday evening, only slightly above its …

Mark Zuckerberg Marries Priscilla Chan

Mark Zuckerberg Marries Priscilla Chan

Justin Sullivan/Getty Images(PALO ALTO, Calif.) — Facebook founder and CEO Mark Zuckerberg married Priscilla Chan on Saturday, two days after the social networking site had the biggest tech IPO in history and five days after the bride graduated from m…

Facebook IPO: Will It Boost Silicon Valley Real Estate Prices?

Facebook IPO: Will It Boost Silicon Valley Real Estate Prices?

Peter Foley/Bloomberg via Getty Images(NEW YORK) — Tax revenue from Facebook’s $104 billion IPO may not fill California’s $16 billion budget deficit, but it will likely give a boost to Silicon Valley’s already inflated real estate prices. The median h…

Former Facebook Employees: Company Celebrates New Ideas, Not New Wealth

Former Facebook Employees: Company Celebrates New Ideas, Not New Wealth

Facebook(NEW YORK) — Facebook’s stock market debut seems to be creating a frenzy everywhere but at Facebook.Shares closed at $38.23 after fluctuating between $40 and $42 for most of the day.  Gizmodo reported shares were trading at a record…

Facebook IPO Fizzles; Dow Extends Losing Streak

Facebook IPO Fizzles; Dow Extends Losing Streak

Zef Nikolla/Facebook(NEW YORK) — The much anticipated Facebook IPO couldn’t help stocks Friday. It was a bad end to a dead-end week on Wall Street.The Dow closed down 59 points at 12,383 — its 12th day of losses in 13 trading sessions. The Nasdaq los…

Facebook’s IPO Launches: Should You Buy Stock?

Facebook’s IPO Launches: Should You Buy Stock?

Peter Foley/Bloomberg via Getty Images(NEW YORK) — Facebook’s initial public offering, the biggest IPO for a U.S. technology firm, has gotten the attention of everyone from high school students to Wall Street professionals, many of whom are likely amo…

Facebook’s IPO Launches: Should You Buy Stock?

Facebook’s IPO Launches: Should You Buy Stock?

Peter Foley/Bloomberg via Getty Images(NEW YORK) — Facebook’s initial public offering, the biggest IPO for a U.S. technology firm, has gotten the attention of everyone from high school students to Wall Street professionals, many of whom are likely amo…

Facebook IPO: Nasdaq ‘FB’ Stock Opens Trading

Facebook IPO: Nasdaq ‘FB’ Stock Opens Trading

EMMANUEL DUNAND/AFP/GettyImages(NEW YORK) — After some technical hiccups, trading in Facebook’s blockbuster IPO officially opened to an eager public Friday at about $42.05 a share, but the price dropped below $40, lower than what many analysts expecte…

Facebook CEO Mark Zuckerberg Ushers in Historic IPO

Facebook CEO Mark Zuckerberg Ushers in Historic IPO

Zef Nikolla/Facebook(MENLO PARK, Calif.) — After some technical hiccups, trading in Facebook’s blockbuster IPO officially opened to an eager public Friday at about $42 a share, up 11 percent from its offer price of $38 a share. Mark Zuckerberg, CEO an…

Facebook IPO: Eduardo Saverin Defends Citizenship Move

Facebook IPO: Eduardo Saverin Defends Citizenship Move

Jim Spellman/WireImage(NEW YORK) — Eduardo Saverin, a co-founder of Facebook and soon-to-be IPO multi-billionaire, defended relinquishing his U.S. citizenship, which led lawmakers to announce the Ex-Patriot Act Thursday morning, saying he “will …

U2′s Bono to Overtake Paul McCartney as World’s Wealthiest Rock Star

U2′s Bono to Overtake Paul McCartney as World’s Wealthiest Rock Star

Michael Tran/FilmMagic(NEW YORK) — Paul McCartney may be about to be surpassed as the wealthiest rock musician in the world by U2 frontman Bono.  NME.com reports that the Irish rocker, who owns a 2.3 percent stake in Facebook, is expected to see …

Facebook IPO: $38 Shares Biggest Tech Offer

Facebook IPO: $38 Shares Biggest Tech Offer

Justin Sullivan/Getty Images(NEW YORK) — Facebook announced Thursday that its initial public offering of common stock will be priced at $38 a share, valuing the company at $104 billion, the largest for a U.S. tech company.As media and investor interes…

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