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Facebook Shares Plunge Again, End Day Below $30
Shares of Facebook (FB) plunged over 9% today, ending the trading day at a price of $28.82 per share, making it the first time shares have closed below $30. Shares of Facebook are down
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Facebook Sued Over IPO Scandal With Morgan Stanley
Where’s the dislike button when you need it? Facebook definitely needs it this week after a disastrous past five days. Shares of Facebook ended at $38 on its first day of trading, exactly where
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Google’s Acquisition of Motorola Mobility is Complete
The $12.5 Million deal to acquire Motorola Mobility has finally closed. Both US and European Union governments approved the deal months ago but China was the last hurdle. Thankfully for Motorola, who have been
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Dislike! Facebook Stock Down 13% To Start The Week
Facebook has consistently refused to implement a dislike button, but after this morning’s stock performance, they may want to reconsider (at least for investors). Shares of Facebook (FB) are down over 13% to start
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Facebook IPO Date Finally Here, Price Set At $38 Per Share
The long-awaited day is finally here – Facebook will launch their IPO this morning at 11:00am EST at an initial price of $38 per share. By the closing bell at 4:00pm EST, almost 1,000
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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Groupon is the 21st Century’s “Sky Mall”
Oh, Groupon. I bet your founders (Andrew Mason, Eric Lefkofsky, and Brad Keywell) are now wishing they took Google’s $6 billion paycheck in 2010 and rode off into the sunset. Those were the Golden
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Apple’s Stock Soars As Profits Increase 94%
Apple’s stock soared as much as 10% in early market trading as the company released spectacular Q2 2012 earnings results, a significant counter to some analysts who have recently declared Apple’s best days to
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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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Apple Sued by DOJ Over Price-Fixing Plot
Apple, along with two well-known book publishers, were sued today by the U.S. Department of Justice (DOJ) over an alleged price-fixing scheme involving e-books. The lawsuit alleges that Apple and five major book publishers
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