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Facebook's IPO Is A 'Bit Slow' And 'Investors Don't Like Some Of What They're Seeing'

Business Insider
Saturday, 12 May 2012

Facebook's IPO Is A 'Bit Slow' And 'Investors Don't Like Some Of What They're Seeing'Are investors dying to own Facebook stock?

Depends on who you ask!

CNBC reports that the IPO is "'many many' times oversubscribed." Bloomberg had previously said demand was "weak."

And Michael Arrington, founder of TechCrunch, now a VC, and a generally plugged-in guy, says, "My sources say that the road show is a bit...
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Source: IBTimes.com - on May 21, 2012

News video: Facebook Shares Fall Sharply in Morning Trade Following Shaky IPO

Facebook Shares Fall Sharply in Morning Trade Following Shaky IPO

Facebook shares sank on Monday (May 21) in the first day of trading without the full support of the company's underwriters, leaving some investors down 25 percent from where they were Friday (May 18) afternoon.

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