After last Friday’s IPO launch at $42.05 a share, Facebook was back at down at $38.23 by afternoon trading Monday which has left investors disappointed. The amount of excitement surrounding the launch caused an initial trading price as high as $45 followed by a decline as the day went on.

The media reports that the problems experience by the Nasdaq didn’t improve the situation as initial trading was delayed for 30 minutes due to problems with orders.

There was positivity as one analyst told CNBC: “Fifty-three percent operating margins, 901 million users around the world. … They can provide detailed targeting to advertisers.”

When trading opens on Monday morning, traders will be keeping a close on this.


  • No avatar medium

    donozzy

      Newbie
    • offline
    • 2
      thanks given
    • 4
      thanks received
    there sure are a lot of narrow minded people on this planet
  • Josh2

    LCB Admin

    • admin
    • male
    • online

      Know your limits!

      I hope you enjoy the new site!
      • 99
        thanks given
      • 228
        thanks received
      Down to $31 today... seems like a very rocky start but I am sure they are not too worried...

    Join today and start earning rewards

    You will immediately get full access to our online casino forum/chat plus receive our newsletter with news & exclusive bonuses every month.
    S logo

    Report to moderator

    Use this function to inform the moderators and administrator of an abusive or wrongly posted message.

    Please note that your email address will be revealed to the moderators if you use this

    Select Language
    Search
    Search Results
    39012170