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UBS Gets Stung by Facebook IPO – Wall Street Journal


CIO Today

UBS Gets Stung by Facebook IPO
Wall Street Journal
It isn't clear whether the bank's losses have been realized by subsequent trades, or if UBS still has a Facebook position that could recover in value should the stock rise. Facebook's shares have plunged 29% from its IPO price of $38.
Report: UBS Lost $350 Million On Facebook IPO, Prepping Suit Against NasdaqForbes


NYSE CEO: Facebook IPO eroded investor confidence: CNBCReuters
UBS plans to sue Nasdaq over Facebook IPO: CNBCMarketWatch
NASDAQ –New York Magazine –CIO Today
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