Social media stocks, led by Zynga Inc , slumped in volatile trading as traders used the securities to hedge or bet against the star of the sector, Facebook Inc , which went public in a disappointing debut …
Taking a company public isn’t as simple as collecting Facebook friends.Even if the company is Facebook.When its stock started trading Friday under the symbol FB, buyers quickly bid the price up 6 percent. …
It’s Facebook’s big day.The site, which was born in a dorm room eight years ago and has grown into a worldwide network of almost a billion people, is making the most talked-about stock market debut in …
Intelsat Global Holdings S.A., the world’s biggest operator of satellite services, filed with U.S. regulators on Friday to raise up to $1.75 billion in an initial public offering of its common stock. The …
In Silicon Valley, where sudden wealth is hardly something new and CEOs favor hoodies over bespoke blazers, Facebook’s IPO on Friday didn’t bring everyday life to a halt.Employees weren’t popping champagne …