Zulily’s stock is surging in its first day as a publicly traded company. The initial public offering of 11.5 million shares priced at $22 each, above the projected price range of $18 to $20.
Facebook Inc.’s stock took a hit Monday after an article in the financial magazine Barron’s said it is “still too pricey” despite a sharp decline since its initial public offering.
Facebook’s stock fell to $19 for the first time on Friday, meaning it has lost half its market value since the company’s initial public offering in May.
Facebook’s stock plunged to an all-time low Thursday after the expiration of a lock-up period that has provided some early investors and insiders with an opportunity to exit.
MENLO PARK, Calif. (AP) — Facebook’s early investors and a handful of top executives become eligible on Thursday to sell stock they own in the social networking company. It marks the beginning of a time-honored […]
Facebook will go public on May 18, a published report says, in one of the most highly anticipated tech initial public offerings since Google went public in August 2004.