What to Read Next

Facebook IPO: From ‘Like’ to ‘Unlike’

Neeraj Gangal
Yahoo! India News
27 November 2012



In May this year Facebook went public with its much awaited Initial Public Offering. It was the biggest IPO in internet history, with a peak market capitalization of over $ 104 billion.

Facebook's long-anticipated initial public offering was ultimately plagued by a series of problems. Nasdaq, suffered a computer malfunction during the first hours of the IPO, leading to tens of millions of dollars in trades being wrongly placed. There were also claims of an initial price being too high. The stock lost over a quarter of its value in less than a month and went on to less than half its IPO value in three months.

A group of Facebook shareholders filed a lawsuit, alleging that important information about Facebook's financial outlook was "selectively disclosed" to big banks ahead of the IPO.

A widow has now sued Morgan Stanley for $1.9m as she blames bank for losing her life savings in Facebook IPO.

Walden University - Ph.D. in Psychology

Earn your Ph.D. in Psychology and make a positive impact within your community, organization, and profession. Request free information!

Attn Home Owners Who Never Miss a Payment.

Home Owners who have not missed a payment in 3 years or more need to read this. If you owe less than $625,000 on your home there is a solution.

This Movie Deal Is Sure To Get Your Attention!

Get 4 Disney Movies For $1 With Membership. See Details. Exclusive Titles, Merchandise, Offers & Discounts. Plus, Free Shipping On Your Initial Order!

How Older Men Tighten Their Skin

Men, reduce the look of wrinkles, sagging skin and fine lines with this affordable and effective skin tightening treatment without leaving your home.

Hilton HHonors™ Card

Earn 40,000 Hilton HHonors™ Bonus Points. Apply for Your Card Today.

Earn Cash Back On Dining Out.

It's easy to save money in the new year when you get cash back on all purchases. Learn more about simple and flexible credit card rewards here.

Drivers With No Accidents Must Read This

Are you aware that you could receive a large discount just for not having a ticket or accident in the past 3 years? See how you can save more.

Help Erase Credit Card Debt with a Personal Loan

Are you paying too much on your credit cards? Consider a Personal Loan to help consolidate your payments.

Read This Before You Buy Medigap Plan F

Plan F is the most popular Medicare Supplement plan, but there's another Medigap option you should consider.

The Platinum Card®

Earn Premium Travel Rewards With Your American Express® Card. Apply!

Switch and save!

Switch to Progressive and you could save an average of $548.

Novant Health E-Visits

Have the Doctor at your fingertips. Visit novanthealth.com/evisit.

VA Mortgage Rates In 2016

VA Rates as Low as 2.75% (3.028% APR) 15 Year Fixed. Exclusive For Veteran & Military Takes 1 Min!

Drive part-time, full-time, or anytime with Uber!

As an Uber independent contractor you can get paid to drive your own car! We connect you with riders, and you work when you want to.