Angry Investors Vent at Facebook's First Shareholders Meeting
CEO Mark Zuckerberg faces a series of angry comments at Facebook's first shareholders meeting, as investors lined up to question the company's dismal stock performance.
Facebook ipo
Nasdaq to Pay $10M to Settle Facebook IPO Claims
Nasdaq agrees to pay $10 million to settle civil charges stemming from mistakes made during Facebook's initial public offering last year.
Today's Billion-Dollar Start-Ups Should Be Thanking the Fed
The list of start-ups valued at over $1 billion just keeps getting longer, and not just due to the potential of their cool tech. They're also getting a big boost from the Fed.
Nasdaq to Reimburse Facebook Investors: Should You Expect a Check?
The SEC has approved a Nasdaq proposal to create a $62 million fund to compensate those who lost money due to trading errors during Facebook's IPO. But who will benefit?
SEC Approves Plan to Reimburse Investor Losses in Facebook IPO
The Securities and Exchange Commission approves a plan to compensate market makers who lost money in last year's botched Facebook IPO.
Facebook Posts Record Profit, Gets Huge Tax Break Anyway
Last year, Facebook went public and brought in record profits exceeding $1.1 billion. And yet, not only will the ubiquitous social network not be paying any taxes, it will be getting a huge tax break.
IPO Activity Heats Up Again
Investor uncertainty, the fiscal cliff debate, and the misadventures of some high-profile initial public offerings last year have led to a lack of new issues recently. But that's about to change.
Wall Street Year in Review: A Surprisingly Good Vintage as Market Logs Gains
If you'd told investors what was going to happen in 2012 and asked how the stock market would perform, few would have predicted a good year. But that's just what they got.
Investors Yank $150 Billion From Stocks for 3rd Year
The U.S. stock market has been on a bull run since early 2009. At the same time, individual investors have been pulling billions of dollars out of stocks each year.
Facebook Hits a Major Milestone: 1 Billion Active Monthly Users
Facebook just keeps on getting bigger. Despite the negative emotions generated by its IPO, the leading social network revealed on Thursday that it now has more than a billion active monthly users.
Facebook Stock Drops Below $19, Half of IPO Price
Facebook hit a new low of $18.75 before bouncing back to $19.01 - down 4 cents in morning trading Monday. The stock has not surpassed its $38 IPO price since its first trading day.
Congress to America: Sorry. Gone Fishin'
Did you lose money on last month's Facebook IPO? How about on Groupon or Zynga? Perhaps something seemed a little off when you logged on to your brokerage account and either couldn't place an order or couldn't get confirmation that your order was placed? Congress couldn't care less.
Did Facebook Ruin the IPO Party for Everyone Else?
After Facebook's belly flop of an IPO, the next major dot-com slated to go public -- popular travel website Kayak -- is slowing down. And its not just Kayak: Twitter, LivingSocial and several others are now in an IPO holding pattern too.
Sell in May and Go Away: Stocks Close Dismal Month
With a disappointing finish on Thursday, the stock market closed what was by some measures its worst month in two years. Over five dismal weeks, Facebook fizzled, a debt crisis in Europe loomed, and nobody was in the mood to buy.
Don't Let the Facebook Debacle Damage Your Retirement Plan
A lot of ordinary investors lost money in the Facebook IPO. But the true tragedy relates to the crazy expectations that many people had about the IPO in the first place, and how it may impact their retirement planning.
Facebook, Week Two: Fortunes Made and Fortunes Lost (Mostly Lost)
The ongoing saga of Facebook's post-IPO tumble is a classic, Greek-style tragedy of hubris, epic overreach, and equally epic failure, and the media can't get enough of it -- even though large chunks of it are essentially fictional.
Does Facebook Want to Place Your Face? Face.com Buyout Eyed
Reports began to surface on Monday indicating that Facebook was looking to get over its post-IPO blues by snapping up the Israeli-based company that matches faces in digital photographs to the names of existing friends.
Facebook Stock Could Fall Twice as Far Before It Hits Bottom
With Facebook shares Tuesday morning trading $7.80 below their offering price, mom-and-pop investors alone are out more than $800 million. And that's the good news. Now here's the bad: Whatever the right number is for how much we've lost so far -- get ready to double it.
The Shocking Story of What Really Happened Inside Facebook's IPO
First, we learned Facebook's IPO underwriters had cut their estimates for the company in the middle of the IPO roadshow. What we didn't know was why. Now we know. The analysts cut their estimates because a Facebook exec who knew the business was weak told them to.
What Mark Zuckerberg Can Learn From Ben and Jerry
Facebook's first few days as a public company have been a rocky road. Moving ahead, Mark Zuckerberg would do well to recall the lesson of two other iconoclastic company founders: Ben Cohen and Jerry Greenfield. The tale of Ben & Jerry bears a bracing similarity to his own.
What's the Difference Between Wall St. Banks and Used Car Salesmen?
Not much, and the jokes on you if you think otherwise. As the Facebook IPO makes abundantly clear, ordinary investors need to stop counting on Wall Street to look out for them.
How to Invest in Facebook With Less Risk (If You Still Want To)
As Friday's Facebook IPO -- and its gory aftermath -- proves, even experts can run into trouble investing in social media. But if you're still looking to get in on the Facebook action, and want to mitigate your risks, this ETF might be the way to go.
Is Fleeing the Country a Smart Tax Strategy for You?
Facebook co-founder Eduardo Saverin gave up his U.S. citizenship and emigrated to Singapore immediately before Facebook's IPO. For him, it's not a bad tax move. But could it be right for you?
Facebook's IPO Debacle, Day 3: Un-Friended and Dis-Liked on Wall St.
Facebook has ended its third trading day and the world is falling apart -- again. The stock closed Tuesday at $31, down 19% from the $38 IPO price, lead underwriter Morgan Stanley is under fire, the SEC is ready to investigate, and analysts are blaming everyone. Oh, and the fundamentals? Those haven't changed a bit.
5 Companies Getting Burned By Facebook
Forget how Facebook is beating up its IPO investors: The social network is still giving many other publicly traded companies fits. And these five in particular are seeing their business models take a hit at Facebook's expense.
Morgan Stanley Cut Facebook's Forecast, Then Boosted Its IPO
After all the finger pointing over Facebook's rapid share price decline, there is one factor that should have served as warning. Morgan Stanley, the lead underwriter, cut earnings estimates in the lead-up to the IPO -- while expanding its size and raising its price.
Mark Zuckerberg and Priscilla Chan: A Facebook Timeline
On Saturday, Mark Zuckerberg tied the knot with his college sweetheart, Priscilla Chan. Here's a gallery of their time together, as told through their Facebook timelines.
Why Facebook's Falling Share Price Really Doesn't Matter
On Monday, Facebook's stock fell from its IPO price of $38 to a low of (as of this writing) $33.60. So what? Nobody who actually paid attention to Facebook's statements before the IPO should be surprised by this latest turn, or even worried. Here's why:
Facebook's Real Investing Story: How Brokers and Investors Use It
The most interesting story about investing and social media isn't that you can buy shares of Facebook -- it's the way so many advisers and investors are using social networking sites to connect with each other, and with market information.