Twitter is going public and it has priced it’s shares at $26 each. Twitter will debut on the New York Stock Exchange (NYSE) on Thursday. That is above the $23 to $25 range announced on Monday and values the short messaging service at more than $18bn (£11bn). That makes it the biggest market debut for a technology firm since Facebook ... Read More »
Facebook CEO Mark Zuckerberg will not be a happy man, he has dropped off the top 40 billionaires in the world. What happened? Facebook IPO happened. Facebook has been in constant criticism and controversy since it went public on May 18. All this has been affecting it’s performance in the index with the stock closing the lowest on Tuesday at ... Read More »
Nasdaq has been sued by an investor who believes that the exchange was ignorant in handling the Facebook stock and allowed the shares to be inflated which ultimately resulted in huge losses for the investors. Phillip Goldberg, a Maryland resident, is seeking class-action status on behalf of all investors who lost money because Nasdaq delayed or otherwise mishandled their buy, ... Read More »
The Facebook IPO was the biggest news for the past 5 months, with all the preparations, the hype and the valuations. Everything seems to have died out on the day Facebook stocks hit the trading floor. It just wasn’t enough. People really were not interested in buying Facebook stocks. What went wrong? After the passing clouds of MySpace, Friendster, etc., ... Read More »
Facebook on Monday filed an amendment to its S-1 documents originally submitted to the U.S. Securities and Exchange Commission on February 1. This has somehow reached the media. With its IPO date reportedly set for May 17, the social networking giant has published new stats that reflect growth and revenue over the last fiscal quarter, which ended on March 31. ... Read More »
Today has seen General Motors – also known as GM – start trading on the NY Stock exchange on IPO day, you should be able to see the GM stock price today on Market Watch. The initial public offering has set records, which analysts expect GM to raise around $23 billion that could be marked as the largest IPO in ... Read More »
Thfire.com Everyday news that matters