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Facebook, banks sued over pre-IPO analyst calls

YahooNews — Wed, 23 May 2012 21:37:13 +0000

(Reuters) – Facebook Inc and lead underwriter Morgan Stanley were sued by shareholders who claimed they hid the social networking company's weakened growth forecasts ahead of its $16 billion initial public offering. The lawsuit came as Facebook and the banks …

Facebook shares pummeled again

YahooNews — Tue, 22 May 2012 22:35:25 +0000

Facebook shares sank further Tuesday even as US markets pushed higher, as analysts blasted underwriters and the company for getting greedy in the most-awaited IPO in years.

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Facebook shares plunge below IPO price

YahooNews — Mon, 21 May 2012 23:35:18 +0000

Facebook shares plunged nearly 11 percent Monday during the stock's first full day of trade as the enthusiasm from a massive public offering for the social network giant turned to skepticism.

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Facebook stock limps into Monday

YahooNews — Mon, 21 May 2012 00:34:20 +0000

Facebook resumes trading on Wall Street on Monday with shares being closely watched to see how well they stand on their own after stumbling out of the gate in a historic but lackluster debut.

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Facebook stock up slightly in public debut

YahooNews — Sat, 19 May 2012 02:31:47 +0000

Facebook is trading up 8 percent Friday, as investors seek to put a dollar value on the company that turned online social networking into a global cultural phenomenon.

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Facebook sets richest tech IPO in motion

YahooNews — Fri, 18 May 2012 03:31:20 +0000

Facebook on Friday is to make the richest-ever share offering for a technology firm, raking in billions of dollars it could wield to dethrone Google as king of the Internet.

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Facebook feeds hungry IPO investors more shares

YahooNews — Thu, 17 May 2012 04:30:40 +0000

With investors hungry for Facebook shares ahead of a hotly anticipated offering, the social network unveiled a 25 percent increase Wednesday in the number of shares to be sold at the market debut.

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Lack of trust in Facebook may hold back ad sales

YahooNews — Wed, 16 May 2012 05:30:37 +0000

Facebook's reach is wide but not deep. Few users surveyed in an Associated Press-CNBC poll say they click on the site's ads or buy the virtual goods that make money for it.

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Facebook IPO to bring cash and change

YahooNews — Tue, 15 May 2012 06:30:26 +0000

Facebook makes its hotly anticipated stock market debut this week in a history-making move promising wealth for insiders and change for users of the online social network.

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Facebook fervor fierce ahead of IPO

YahooNews — Mon, 14 May 2012 07:29:30 +0000

Facebook frenzy is spreading ahead of the company's big-time stock market debut, with anything from Mark Zuckerberg's hoodie to the billion-dollar buy of Instagram sparking controversy.

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