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Facebook Stocks Finds New Low at $25.75 Facebook Stocks Finds New Low at $25.75
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It seems like everyday marks a new low for the folks over at Facebook. Today, stock prices slipped below the $26 mark to $25.75. Considering shares started out at $38, I would say the IPO has lost almost all of …

Groupon’s Worth Less Than What Google Offered in 2010 Groupon’s Worth Less Than What Google Offered in 2010

Groupon had their opportunity back in 2010. Google offered to buy their company for a whopping $6 billion, but they decided to fight the good fight and go public. The bad news for Groupon and their investors is that shares …

RIM’s $10 Stock: Lowest Price in Nearly a Decade RIM’s $10 Stock: Lowest Price in Nearly a Decade
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With the release of the new BlackBerry 10 looming in the distance, Research in Motion (RIM) is struggling to keep its head above water. Shares of the company are presently trading at about $9.70, which is almost the lowest price …

Facebook Stock Hammered Below $27 Facebook Stock Hammered Below $27

More bad news for Facebook investors; shares fell as low as $26.57 this morning. While the stock is currently trading at over $27, there’s nothing to indicate it will make back up to its targeted $38 per share price anytime …

Facebook Stock Plummets Below $27.25 Facebook Stock Plummets Below $27.25
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Yes, it is finally here, Facebook stock has fallen below the $28 per share price many investors have been waiting for. Still, more pessimists are saying they’ll wait for it to fall to $10, but I suspect those days won’t …

Facebook Shuts-Down Kayak’s Plans to Go Public Facebook Shuts-Down Kayak’s Plans to Go Public

Just weeks ago, right before Facebook’s much anticipated initial public offering, Kayak announced that they were ready to go public in a deal that would raise as much as $150 million. The plan was to let the mighty momentum from …

Olympus to Slash Workforce and Sell Equity Stake Olympus to Slash Workforce and Sell Equity Stake

After the discovery of a huge financial scandal back in October, Olympus Corporation is planning on laying off almost 7% of their total workforce in the months to come. Aside from slashing over 2500 jobs, the troubled corporation is also …

iHigh Secures $12 Million Investment From Cox Media iHigh Secures $12 Million Investment From Cox Media

Lexington, Kentucky-based youth sports and entertainment broadcaster, iHigh has just secured $12 million in funding from Cox Media Group, a company broadly invested in television, radio, and newspaper. The investment will help iHigh expand into new markets and grow their …

RIM’s Business is in Trouble at BlackBerry 10 Launch RIM’s Business is in Trouble at BlackBerry 10 Launch

Research in Motion says their business is in trouble and they expect to incur big losses throughout the rest of 2012. This news comes just as they are about to release BlackBerry 10. On June 2nd, RIM will be revealing …

Eduardo Saverin Talks Facebook With Veja Eduardo Saverin Talks Facebook With Veja
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We’ve been covering Facebook co-founder Eduardo Saverin, and his plan to renounce his United States citizenship all throughout May. First, he was accused of trying to skirt taxes by renouncing his citizenship, but his representatives tried to explain that wasn’t …

Facebook Stock Dips Below $30 Today Facebook Stock Dips Below $30 Today
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I’m sure the experts are happy to see Facebook shares dip to the $30 range today. In fact, shares hit an all time low of $29.57 earlier this afternoon, signifying that demand isn’t anywhere near what Facebook and its underwriters …

Facebook IPO Pushes Investors off the Stock Market Facebook IPO Pushes Investors off the Stock Market
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Sometimes something is just a bad investment, and as time goes on, the shares you purchased in the company just lose more and more value. At other times, as with the Facebook IPO, it is clear that you were swindled. …

AOL Informs Starboard their Nominees are Useless AOL Informs Starboard their Nominees are Useless

Things haven’t been stellar for AOL lately, but they are performing better than many expected. Months ago, Starboard, one of AOL’s major shareholder, voiced their concerns over AOL’s performance and what could be done to unlock shareholder value. More recently, …

Fidelity has Confirmed their Client’s Facebook Trades Fidelity has Confirmed their Client’s Facebook Trades
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If you haven’t heard about Facebook’s disastrous IPO debut, I welcome you out of your cave and am happy to give you an update. Essentially, the Nasdaq stock market delayed the 11AM start by as much as thirty minutes while …

Mark Cuban Informs You About Facebook Mark Cuban Informs You About Facebook

Mark Cuban, financial guru, is known for his candid and sometimes contradictory financial (or life) advice. Typically I enjoy his commentary because he likes to cut right to the core of a topic and clear the air of the convoluted …

Pandora’s Fiscal 1Q 2013 Financial Report Pandora’s Fiscal 1Q 2013 Financial Report

Pandora’s first quarter fiscal report for 2013 is in and they have surpassed their expectations regarding revenue and listening hours. In fact, total revenue grew almost 60% and reached almost $81 million. Total listening hours grew 92% and reached over …

Facebook Stock Closes at $32 on Wednesday Facebook Stock Closes at $32 on Wednesday
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Facebook stock is once again closing in the $30 price range at $31.99 as the Nasdaq market closed at 4PM today. It opened at $31.37, rose as high as $32.50, and dipped as low as $31.36. So not a lot …

Morgan Stanley to Adjust Facebook Prices for Retail Customers Morgan Stanley to Adjust Facebook Prices for Retail Customers

Good news for early Facebook IPO investors who may have been a victim of Nasdaq’s computer communication glitch, Morgan Stanley is reviewing all of the trades that went through on that day. As you remember, trading was delayed by a …

Facebook and IPO Underwriters Sued by Investors Facebook and IPO Underwriters Sued by Investors
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If you thought Facebook was in the news a lot for their patent lawsuits, welcome to IPO litigation. Interested parties are crawling out of the woodwork to contest the bullshit events that surround Facebook’s IPO and everyone involved. As we …

Facebook IPO Revised Revenue Report Scandal Facebook IPO Revised Revenue Report Scandal
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Probably not surprising to most of you, big banks, and underwriters of the Facebook IPO deal, had inside information on the company’s inevitably shrinking revenues before trading even began. As we reported yesterday, Morgan Stanley’s financial forecasters issued a revised …

Facebook Closes at $31.12; SEC Examines IPO Issues Facebook Closes at $31.12; SEC Examines IPO Issues
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Today Facebook shares suffered another day of less than stellar trading. Prices reached a high of $35.59 and dipped to $30.94 at their lowest. The Nasdaq concluded regular trading with the shares at $31.12 and after hours activity reflects a …