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All Posts Tagged Tag: ‘Stock Market’

Stock Market Dips Drastically After Wednesday’s High

On Wednesday, September 18, the Dow set an all-time high at closing, as did the S&P. The boom came shortly after the Federal Reserve announced that it would continue its economic stimulus program. However, the investment-high did not last long. The stock saw itself losing all of its gains from Wednesday on Thursday and Friday. Economic pundits believe the dip …

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NASDAQ Fined $10 Million For Botched Facebook IPO

To say the Facebook IPO was a disaster might be a bit of an understatement. A few days after the social network went public, reports emerged that a technical issue prevented trading and many investors lost money as the stock’s value tanked. Those same investors brought lawsuits against the NASDAQ and the SEC launched an investigation into the IPO. That …

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Twitter Unveils Clickable Stock Tags (e.g. $FB)

Starting today, when you’re talking about a publicly-traded company on Twitter, make sure you remember to use their new clickable stock tag. It’s also being called a “Cashtag,” by some Twitter users. Whatever you call it, Twitter’s new hashtag functionality for stock symbols means that users can view streams of tweets about certain companies’ stock with ease. The cashtags work …

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Zynga Now Under Investigation For Cashing Out Before Shares Slumped

Well, that didn’t take long. We brought you word this morning that Zynga CEO Mark Pincus and other insiders including Google cashed out on Zynga stock back in April before the company’s shares fell to the abysmal depths that they’re at today. On the suspicion that some less than honest dealings had taken place, multiple law firms are now opening …

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Zynga Insiders Knew They Were Crashing And Cashed Out

This week has not been good for Zynga. After posting decent results for Q2, the company’s shares took a dive into previously unknown depths. The shares dropped to trading around $3 each and haven’t really recovered since. To add insult to injury, a report from Yahoo News came out this week that says Zynga insiders knew about the coming collapse …

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Zynga Shares Hit All-Time Low

Zynga has not had the best of performance the past few weeks on the stock market after the Facebook IPO opened to disaster and an investigation from the SEC and Congress. It looked like it was maybe getting better for a bit, but then Zynga got kicked in the teeth again. Zynga’s shares hit an all-time low of $4.78 today. …

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Stock Market: Spain Bailout May Only Bring Temporary Relief

Stock markets across Europe increased on news that Spain had accepted the equivalent of €100 billion ($125 billion) in bailout funds, though some seem to view this as only a temporary solution to much bigger problems on the continent. The upcoming elections in Greece, for example, are being watched very closely, as voters are set to determine whether or not …

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Stock Market Plunge: Dow Drops 200 on Jobs Report

Stock market plunges as U.S. employers add fewer jobs than analysts had anticipated, according to the Associated Press. The report ultimately caused the Dow Jones industrial average to drop 200 points, which puts it down for the year. This also marks the steepest one-day drop in the past six months. Adding to the stress are the signs of a global …

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Social Media Stocks Continue to Struggle

Social media stocks are continuing to have a hard time this week following the widely-chronicled Facebook IPO fiasco. Since Facebook, which is currently down 24% from its initial price tag of $38 a share, has struggled in the market since day one, many investors are starting to pull away from other social media-related businesses. For example, Zynga, a company that …

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Is Mark Zuckerberg To Blame For Facebook’s IPO Fiasco?

Despite all the hype leading up to Facebook’s IPO, the circumstances abruptly changed after the company’s public debut. The stock was priced at $38 per share, which valued the company at $104 billion. At this rate, Facebook became the third largest public offering in the history of the United States, behind General Motors and Visa.

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Buying Facebook Stock: Shares Jump to $42, Twitter Weighs In

Buying Facebook stock? Apparently you’re not the only one. Everywhere you turned today, people were either praising, cursing, or analyzing the Facebook IPO. The fantastic stable of writers at WebProNews have been covering the story non-stop today, as have many others who’ve been overwhelmingly interested in how today’s initial trading would unfold on Wall Street. After a nail-biting 30-minute delay …

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Facebook IPO Draws The Ire Of Twitter

The $100 billion dollar record breaking Facebook IPO is today. There are a lot of questions that will be answered both by the end of the day and the next few days as to whether or not the stock is a good buy. With companies like GM pulling advertising dollars, and the push from some people to put a woman …

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