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Twitter Shares Drop in Second Day of Trading
Yesterday we highlighted Twitter’s spectacular first day of trading, where shares ended the day at $44.90, a 73% increase over the IPO price of $26. The strong debut of $TWTR was tempered today, as
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Twitter Shares Soar on IPO Day
Twitter opened its first day of trading with a bang, as shares of the company soared 73% to close at a price of $44.90, a significant jump over its IPO price of $26. Twitter,
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Opinion: The Deal With Facebook Stock Trading
Dear America, please stop being lemmings when it comes to investing, make informed decisions, and stick to your guns! Welcome to America, land of instant gratification! Apparently, after a coma induced by the hyped
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Alibaba to Purchase Stock Back From Yahoo
Yahoo plans to sell half of its 40% stake in Alibaba pending approval from the board of directors of both companies. This seems to be the end of an ongoing saga between the two
Read More »Facebook IPO: Everything You Need To Know For Friday
After several months of rumors, updates, and commentary, tomorrow will be the official launch date for Facebook’s well-anticipated IPO. We at pnosker.com have been covering the Facebook IPO for the last few months, and
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Facebook Users Up, Revenue and Profits Down
Facebook, which is preparing for its IPO sometime this spring, released financial data for Q1 2012 today, and the numbers may be a bit concerning for potential investors. Even though revenue increased to $1.06
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Zynga’s CEO To Sell 16% of Stock
Mark Pincus, Zynga Inc’s CEO, is conducting a sale of Class A shares that will decrease his ownership from 15.5% to 13%. If sold on Friday’s closing price, Mark will be walking away $220
Read More »The Facebook Billionaires and Millionaires
Facebook announced its $5 billion public offering Wednesday afternoon, which is expected to value the whole company at $75 billion to $100 billion.It is the largest internet IPO to date. Of course, the
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Zynga Shares Soar on Facebook IPO News
Zynga, the social network game developer behind mega hits like Farmville, Mafia Wars, and Zynga Poker, has seen its shares soar 15% in trading today in response to Facebook’s IPO filing yesterday. Zynga’s success
Read More »Facebook Files for $5 Billion IPO
It may have come after the closing bell, but yesterday’s reports were correct – Facebook has officially submitted paperwork with the Securities and Exchange Commission for an IPO in hopes of raising at least
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