বৃহস্পতিবার, ১ আগস্ট, ২০১৩

Facebook Flirts With $38 IPO Price

Article Excerpt

Rarely is there so much at stake in getting back to zero.

On Wednesday, Facebook Inc.'s stock briefly touched its initial public offering price of $38, hitting a marker that felt out of reach in autumn of last year, when the stock was in free-fall. While shares eventually drifted lower, to settle at $36.80, Facebook is still within striking distance of $38?a fact not lost on Facebook's investors, many of whom were burned in the company's botched IPO.

"There's some relief," said Chris Baggini, a senior portfolio manager at Turner Investments, a firm with about $9 billion under management that ...

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Source: http://feeds.wsjonline.com/~r/wsj/xml/rss/3_7015/~3/Erlf6uSgm2I/SB10001424127887324635904578639751730779858.html

Andy Dick Tim Hardaway Anne Smedinghoff jana kramer carrie underwood garth brooks george strait

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