Last Friday, after Facebook stock started trading at $42, most observers immediately pronounced the IPO a flop.
Why?
Because the IPO had been priced at $38, which meant that the IPO "pop" was only about 10% above the IPO price.
Facebook...
For nearly 20 minutes on the morning of Facebook Inc's trading debut last Friday, the line Nasdaq had opened up to keep traders informed about the social media company's $16 billion IPO had been mute. Well after the stock was supposed to have...
Bloomberg has declared the Facebook Inc (NASDAQ:FB) IPO the worst big offering of the decade today after the firm saw a 13% drop in its share price in its first five days of trading. That decision is numerically verifiable and so is an accurate...
Businessman Peter Brabeck, celebrating his appointment as Formula One chairman on Friday, said the motor racing series had not made a decision on whether to proceed with a much discussed $10 billion listing on the stock market in Singapore.
Banks seeking a role in the US$6 billion IPO in Hong Kong of Chinese state-owned People's Insurance Co. are being required to bring a set amount of institutional orders and guarantee that they will buy unsold shares.
Oops! Unable to complete your request. Please refresh your browser.