Facebook Offers 70 Million More Shares, Heads To Court Over IPO

Facebook announced on Thursday that it is offering 70,000,000 new shares of its Class A common stock, with 27,004,761 shares being offered by the company itself and 42,995,239 shares being offered by certain selling stockholders, including CEO Mark Zuckerberg, who…

Facebook Stock Rallies, Nearly Hits Its IPO Price

For the first time since the IPO, Facebook stock approached $38 a share today. It didn’t actually hit that significant number (that’s what the stock started out at back in May) – but it came close. Really close. Its high…

Facebook and Its IPO Made San Mateo County the Highest-Paid County in America

According to figures just released by the Bureau of Labor Statistics, Facebook’s May 2012 IPO made San Mateo county, California the most well-paid area in the country. The average weekly worker wage in San Mateo County, California (home to Facebook’s…

New Facebook Lawsuit, Same Old Facebook IPO Gripe

A new lawsuit filed by a Facebook shareholder claims that the company knew about downward trends in revenue tied to increased user defection to mobile from desktop use. Gaye Jones says that such information was shared with key investors. “The…

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…

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…

SEC Investigates Nasdaq and NYSE After Facebook IPO Breakdown

The Securities and Exchange Commission (SEC) isn’t buying that Nasdaq’s much publicized computer glitch on the opening day of Facebook’s IPO was the root cause for all the confusion. In fact, they have seen a couple other cases of so…

LivingSocial Not Going Public Anytime Soon

In light of the totally botched Facebook IPO, it’s no wonder many tech companies are in no hurry to go public. According to LivingSocial CEO Tim O’Shaugnessy, you can add LivingSocial to that list. Despite recent losses for the company,…

Nasdaq Glitch Blamed for Facebook’s Abysmal IPO Performance

As we reported on Friday, Nasdaq is getting the blame for Facebook’s botched IPO launch and the subsequent poor trading performance in the days that followed. The remarks come from a court filing by Facebook and Morgan Stanley who seek…

Why Facebook Isn’t a Bad Investment for Everyone

Back on the 12th of June, Harvard Business Review (HBR) published an article explaining how so many investors were enticed by Facebook’s public offering and why it wasn’t a good idea, according to their principals of investment, to jump on…

Facebook Blames Nasdaq and Wants to Consolidate IPO Investor Lawsuits

The one month anniversary of Facebook’s much anticipated initial public offering is close at hand, and the social networking giant has yet to address investor concern or the countless lawsuits which have been filed against the Nasdaq, Mark Zuckerberg, or…

UBS Lost $350 Million on Facebook IPO Trades

Earlier this week we reported that the Nasdaq stock exchange had set aside $40 million to compensate investors who were hurt financially by the computer glitch that plagued Facebook trading early on during the IPO launch. You might recall, the…

Facebook Stock Rises after ComScore Finds Ads Work

Yesterday, ComScore released details of their latest study on Facebook advertising and the news is pretty good. Despite many claims and self-report surveys declaring the ads simply don’t work, research suggests repeated exposure to branded messages, does in fact, impact…

Nasdaq Scrutinized for Facebook IPO Investor Compensation Plan

Yesterday, Nasdaq announced it was finally making some reparations to investors who were effected by the mysterious computer glitch that plagued Facebook trading the morning of the IPO launch. You might recall, they set aside over $40 million in order…

The Facebook IPO and the Silicon Valley Real Estate Market [INFOGRAPHIC]

While we’re all well aware that Facebook’s IPO has gone less-than-swimmingly for most everyone involved, there could be one metric where the Facebook’s foray into the public has had a upward trending effect. Online real-estate company Zillow looked at the…

Facebook Stock on the Rise as Nasdaq Sets Aside Millions to Compensate Investors

Good news all the way around for Facebook investors. Despite sluggish trading and constantly declining stock prices, today’s trading took a turn for the better. While trading started out at a record low $25.52, it actually jumped up to over…

Mark Zuckerberg Sued For Unloading Facebook Stock

Mark Zuckerberg and mega-social media site Facebook have both been in the news quite a bit recently, between the company’s disastrous IPO and the many, many people who are unhappy with it. Now, a class-action lawsuit is being brought against…

Could Twitter be Acquired by Google in Light of Facebook IPO Fallout?

Could Twitter be acquired by Google? It seems like a rather outlandish idea, but thanks to the recent flop by Facebook in their efforts to go public, smaller internet companies like Twitter may find acquisition by an established giant like…

Nasdaq Hopes to Appease Facebook Investors with Modest Compensation

The Nasdaq OMX Group hopes to make up for that small-but-disastrous glitch on the day of Facebook’s initial public offering by compensating affected investors who were trying to get in on the early trading. According to the Wall Street Journal,…

Facebook Stocks Finds New Low at $25.75

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…