All Posts Tagged Tag: ‘Facebook Stock’

Mark Cuban Admits He Lost Money on Facebook

On the eve of Facebook’s big IPO, Mark Cuban predicted that the public offering could be the “most important” in history – but not for the reasons you might think. Cuban thought brand excitement would bring in retail investors who wouldn’t read the prospectus, and would then be chewed up by high frequency/algorithmic traders, who would “attack this stock like …

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Zuckerberg Pledge Helps Facebook Stock

Yesterday, news came out that Facebook CEO Mark Zuckerberg has pledged not to sell any Facebook shares for at least a year. In addition to that, Board members Marc Andreessen and Don Graham will not sell any shares, other than what they may sell to cover taxes on RSUs. This information came from an 8-K document filed with the SEC. …

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Mark Zuckerberg Won’t Be Selling FB Shares Anytime Soon

Facebook has filed an 8-K document with the SEC indicating that it will not move forward with a secondary stock offering, but will pay taxes on RSUs, and that CEO Mark Zuckerberg will not be selling any shares, at least for the next year. The document also indicates that Board members Marc Andreessen and Don Graham will not sell any …

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Facebook Stock Flirting With Going Under $18

To say Facebook stock has struggled since their May IPO is an understatement, and the company continues to see the price fall on the heels of a report from BMO Capital. Today, Facebook stock hit a new all-time low, at just over $18. As it stands, the price is fluctuating a couple of cents, hovering just over the $18 mark. …

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Facebook Stock Sits At Just Over Half of Initial Price

For the last ten days, Facebook stock has hovered between $19.10 and $19.50 a share. In fact, the last time that it closed over $20 was exactly ten days ago, when it closed at $20.01 – up 5% from the previous day. Although Facebook stock has been on a steady decline since their May IPO, the price really took a …

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Help Zuckerberg Snatch Coins, Avoid Stock Plunge with New Game

As of the writing of this article, Facebook stock sits at $19.44 a share, which means that it is a little over half of the original opening price of $38. If you think that’s bad, it has been even worse in recent days. Earlier this week, the price slid to $18.75. Zuckerberg has said that it is “painful” to watch …

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Facebook Stock Price Continues To Disappoint

Facebook shares hit a record low last week, at one point, dipping below $19. While they’ve recovered slightly, they’re still significantly below the $38 IPO price. As of the time of this writing, shares are down 3% at $19.41. CEO Mark Zuckerberg has indicated that it is “painful” to see Facebook stock performing so poorly, but some are questioning whether …

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Facebook Stock Takes A Pounding As Lockup Ends

When Facebook went public, its IPO included a “lockup” agreement that meant some shareholders were required to hold their stock for a predetermined amount of time. For Facebook insiders held to this agreement, that lockup ended today, and as a result, Facebook shares hit their lowest price so far. Shares were down at least as low as $19.76 at one …

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Facebook Stock: What Will FB’s Big Day Hold For Shareholders?

Facebook will release its first earnings report as a public company Thursday afternoon, after the market closes. The company has come a long way since launching in 2004, and now we’ll really get to see what it’s made of. Facebook is down roughly 25% since the IPO. Here’s what the graph looks like (via Google Finance): In pre-market trading, Facebook …

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Facebook Wants to Keep “FB” on the Nasdaq Exchange

As of yesterday, Facebook executives have decided it’s a good idea to keep their stock, ticker symbol “FB”, listed on the Nasdaq Stock Exchange. Previously the company had debated taking their shares over to the NYSE after Nasdaq experienced a devastating computer glitch that left big bank trading desks flying blind on the morning of their IPO launched. Currently, Facebook, …

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Facebook Underwriters Unsure About Q2 Performance

Estimates of Facebook’s second quarter financial performance are starting to pour in, and not surprisingly, the social network’s lead underwriters are predicting some of the lowest numbers. The general estimation for Facebook revenue comes in at around $1.16 billion and $0.12 per share. Morgan Stanley is saying it will be more like $1.11 billion with $0.10 per share. Goldman Sachs …

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Mark Cuban Admits He Was Wrong About Facebook

Mark Cuban, who has been a steadfast supporter of Facebook throughout the IPO process, and an investor who purchased 150,000 shares of the company, is coming forward today to say he was wrong about the company. He has decided to sell off his huge collection of Facebook shares and is now saying it just isn’t a good investment. Ouch! That …

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