Facebook has hit a milestone today as its stock price has topped $100 per share in current market trading hours. The company now has a market cap of over $280 billion. Since July 16, Facebook’s stock price had hovered within the $90 …
NEW YORK - Facebook's newly public stock is sliding further on its third trading day as investors reconsider how much the social network is worth. The company's long-anticipated initial public offering of stock raised US$16 billion ($1.4 …
Wall Street is playing the Facebook blame game. As shares of the social network tumbled in their second day of trading, bankers, investors and analysts wondered what had gone wrong with the initial public offering of Facebook, the most …
Facebook CEO Mark Zuckerberg says it is “disappointing” that the stock has dropped as much as it has but said that the company’s mobile strategy that will guide its growth is “misunderstood.” “The performance of the stock has obviously …
Two lawyers who in 2011 worked with the recently convicted con man Troy Stratos wrote a check from an account the fraudster set up to facilitate a pre-IPO Facebook stock scam — money that went to a victim of an earlier fraud, a victim …
UPDATE: This post has been updated to incorporate comments from Jim Breyer and other minor changes. Cash is good, and Facebook, following its $240 million investment from Microsoft, now has plenty of it. It might have much much …
Wall Street seems to like Facebook's phone more than they liked Graph Search. Facebook stock shot up by more than 3% on the day following Facebook's phone event, rising above $27 a share for the first time since mid-March. The …
Facebook CEO Mark Zuckerberg is fond of telling his cohorts that their journey is only one percent finished. Even if you quibble about the exact percentage, he’s right that his company’s vision is boundless and that the service, in its current ...
Facebook is again throwing money around to get a leg up on the competition. The social network is reportedly buying
As the tech sector looks to quickly shrug off its recent volatility, shares of social media behemoth Facebook FB gained more than 1.2% in morning trading on Monday. The stock is now sitting comfortably near the top of its 52-week range, …
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