Thursday, May 24, 2012

Facebook stock price on the rise, but company now faces lawsuits ...

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Facebook stock price on the rise, but company now faces lawsuits ...
May 24th 2012, 23:43

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By on Thursday, May 24, 2012

A spokesman for Facebook Inc. said late Tuesday that the company had no comment. In the meantime, Facebook stock fell $3.03 on Tuesday to close at $31 and has now fallen $7, or more than 18 percent, from its offering price of $38.

If you had traded based on signals today to buy/sell Facebook stock, how would you have done? Probably pretty well! We've been closely monitoring Twitter's social data and its relation to the Facebook stock price. What we

Facebook made its eagerly-awaited debut on the stock market last week (not without a few hitches), a move that seemed to excite many people a great.

Facebook's stock may have issues, but its lockup expiration on Aug. 19 may not be one of them. Susquehanna studied nine recent Internet IPOs and saw no impact on stock prices from one month before the expiration to one month after.

By Barbara Ortutay AP Associated Press Facebook Inc.'s stock climbed $1, or 3.2 percent, to close at $32 on Wednesday, but it is still trading nearly 16 percent below its $38 initial public offering price. The stock's rocky inaugural trading day Friday

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