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By Lisa Rapaport and Douglas MacMillan, Bloomberg |
October 31, 2012
Facebook Inc. declined the most in more than five weeks on concern that employees will start selling their shares now that prohibitions on insider sales have ended.
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By Brian Womack, Bloomberg |
August 17, 2012
Facebook Inc.’s 6.3 percent drop yesterday, after the end of restrictions on share sales by its biggest investors, was the second-largest post-lock-up decline among companies that have gone public since January 2011.
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By Brian Womack, Bloomberg |
August 16, 2012
Facebook Inc. is freeing up 271.1 million of its shares today, boosting by 60 percent the number that could be traded and adding to concerns that have weighed on the stock since the company’s initial public offering.
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By Serena Saitto, Lee Spears and Joseph Ciolli, Bloomberg |
May 22, 2012
After one of the most anticipated initial public offerings in history, Facebook’s 11 percent drop yesterday prompted investors to fault everything from Morgan Stanley’s role as lead underwriter, to the company’s greed and the Nasdaq Stock Market.
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By Lee Spears and Sarah Frier, Bloomberg |
May 18, 2012
Facebook Inc. is set to start trading today after a record initial public offering that made the social network more costly than almost every company in the Standard & Poor’s 500 Index.
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By Rita Nazareth, Bloomberg |
May 16, 2012
U.S. stocks advanced, snapping a three-day decline in the Standard & Poor’s 500 Index, as better-than-estimated reports on housing starts and industrial production bolstered confidence in the world’s largest economy.