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Rakesh Kamandal

Where are Facebook's friends? Stock down after IPO

Where are Facebook's friends? Stock down after IPO

Morning News ― New York: Facebook's stock is tumbling well below its $38 IPO price in the social network's second day of trading as a public company on Monday. ∙ Investors and technology industry watchers are closely tracking the Menlo Park, Calif.-based company's shares. The world's largest online social network was one of the most anticipated initial public stock offerings ever, and now serves as a bellwether for other social media companies. ∙ Facebook's market debut Friday suffered some [...].

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