Facebook's A Flop For Flippers: Stock Holds The Line At $38 - Forbes

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Facebook's A Flop For Flippers: Stock Holds The Line At $38 - Forbes
May 18th 2012, 20:32
Kansas City Star
Facebook's A Flop For Flippers: Stock Holds The Line At $38 Forbes There was a line drawn in the sand during Facebook's first day as a publicly-traded company: $38 per share. That was the price at which pre-offering shareholders and company insiders sold Thursday and it was the lower bound for the social network's ... Facebook underwriters prop up stock as it nears break-even markLos Angeles Times Facebook Underwriters Prop Up Their Investment, Stock Closes Flat at $38.23SFist Long Island analyst: Stay away from Facebook stockLong Island Business News all 17 news articles »
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