News Alert: Facebook falls back to $38 after jump at open

Friday, May 18, 2012

   
The Washington PostFriday, May 18, 2012 12:10:46 PM
TECHNOLOGY NEWS ALERT

Facebook falls back to $38 after jump at open


Facebook fell back to its initial public offering price of $38 Friday around noon.

The company, which spiked as much as 13 percent at the open, debuted in what was a highly anticipated stock offering on the Nasdaq.


Read more at:
http://www.washingtonpost.com/business/technology/facebook-jumps-at-open-trades-around-40-per-share-after-facing-delays/2012/05/18/gIQAbnZbYU_story.html



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