Shares of Facebook Down Around 12 Percent
Shares of Facebook were down around 12 percent early in their second day of trading, with one analyst suggesting underwriters were too rosy in their estimates of demand for the stock in its IPO last week.
http://www.wkyc.com/video/1649188315001/1/Shares-of-Facebook-Down-Around-12-Percent
http://cdn.newslook.com/a5/a5e895610ba01dbc24ede990d9fcd905/images/frame_0006.jpg
Shares of Facebook Down Around 12 Percent
Shares of Facebook were down around 12 percent early in their second day of trading, with one analyst suggesting underwriters were too rosy in their estimates of demand for the stock in its IPO last week.
Facebook IncIPOFinanceThe MarketsMunicipal Corporation VisakhapatnamNewsbusinesssharestockvaluationmoneynewslookinitial public offeringtrading
02:31