Wall Street JournalFacebook Analysts to Click 'Like'—or NotWall Street JournalAnalysts not affiliated with the Facebook IPO have pointed to a series of developments since the social-networking company's market debut that could help …
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Facebook IPO mishandling hurt investor confidence: TD Ameritrade – Reuters
by Newswires • • 0 Comments
BusinessTechFacebook IPO mishandling hurt investor confidence: TD AmeritradeReutersThe steep drop in the company's share price has triggered questions over its lofty IPO pricing. Tomczyk said TD Ameritrade came out of the Facebook IPO "pretty …
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Facebook IPO mishandling hurt investor confidence: TD Ameritrade – CNBC.com
by Newswires • • 0 Comments
CIO TodayFacebook IPO mishandling hurt investor confidence: TD AmeritradeCNBC.comThe steep drop in the company's share price has triggered questions over its lofty IPO pricing. Tomczyk said TD Ameritrade came out of the Facebook IPO "pretty cl…
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Facebook IPO mishandling hurt investor confidence: TD Ameritrade – Reuters
by Newswires • • 0 Comments
BusinessTechFacebook IPO mishandling hurt investor confidence: TD AmeritradeReutersThe steep drop in the company's share price has triggered questions over its lofty IPO pricing. Tomczyk said TD Ameritrade came out of the Facebook IPO "pretty …
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Facebook IPO illustrates capitalism’s corruption – UNM Daily Lobo
by Newswires • • 0 Comments
Reynolds CenterFacebook IPO illustrates capitalism's corruptionUNM Daily LoboFacebook's mid-May initial public offering, or IPO, was a bubble that never really got inflated enough for an ugly burst, yet somehow everyone still managed to come ou…
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Facebook IPO failure offers many lessons – InvestmentNews
by Newswires • • 0 Comments
USA TODAYFacebook IPO failure offers many lessonsInvestmentNewsThe Facebook IPO flameout carries both healthy and unhealthy lessons for the investment community. On the one hand, it provides ammunition to advisers seeking to warn aggressive clients aga…
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CyOptics, Corsair drop IPOs amid Facebook fizzle and May’s market rout – Philadelphia Inquirer
by Newswires • • 0 Comments
CyOptics, Corsair drop IPOs amid Facebook fizzle and May's market routPhiladelphia InquirerLike many of you, I'm tired of hearing about the success/failure of the initial public offering of Facebook Inc. But like the 2011 Philadelphia Phillies,…
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Facebook market makers’ losses total at least $100 million | Reuters
by Newswires • • 0 Comments
(Reuters) – Claims by four of Wall Street’s main market makers against Nasdaq over Facebook’s botched IPO are likely to exceed $100 million, as they and other traders continue to deal with thousands of problems with customer orders. A technical glitch delayed the social networking company’s market debut by 30 minutes on Friday and many…
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Is Facebook (Nasdaq: FB) a Replay of the AOL/Time Warner Deal?
by Martin Hutchinson • • 0 Comments
I hope you didn’t buy shares of Facebook (Nasdaq: FB). The valuation was always too aggressive.
And increasing both the price and amount of Facebook stock at the last moment ensured that both underwriters and retail investors ended up with far more shares than they bargained for.
In fact, the Facebook fiasco reminds me of another deal that marked the peak of the dot-com boom.
No, not the ineffable and rather sweet Pets.com- their IPO was far too small a deal to have genuine market significance.
Instead I’m talking about the AOL and Time Warner merger announced on January 10, 2000.
Like Facebook, the deal was sold as a big success. It was only later that it quickly became clear that AOL had sold itself at the absolute peak of the market.
From there on out it was all downhill as the storied merger practically top-ticked the market.
Before Facebook There Was AOL
AOL had built up a nice business from “dial-up” Internet access, but it was already obvious by January 2000 that the arrival of broadband Internet would make for a difficult transition.
As such, AOL’s market capitalization of around $200 billion was purely the result of the frothy market of 1999.
Nevertheless, that rich valuation enabled AOL to become the senior partner in an acquisition of the Time Warner media conglomerate, getting 55% of the merged company in a deal valued at $350 billion. It was the largest merger in U.S. history.
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Facebook Set to Price Initial Public Offering – ABC News
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Investment WeekFacebook Set to Price Initial Public OfferingABC NewsFacebook's initial public offering could be one of the largest in history if its stock prices at the high end of its expected range on Thursday. Facebook Inc. will likely price its…