Shares of Facebook traded as high as $45, near the price of $50 that would keep many retail investors from placing a typical "round lot" order of 100 shares, because the total cost will be $5000 - considered a threshold for many investors.
(AMTD) said trading in shares of Facebook Inc. (FB) in its market debut, accounted for roughly 22% of the online brokerage's total trading volume on Friday. Earlier in the trading session, that figure was 25% to 29%, according to Ameritrade's Senior
By Brett Philbin TD Ameritrade Holding Senior Vice President of Trading Steve Quirk said trading in Facebook shares, in its market debut, has accounted for roughly 25% to 29% of the online brokerage's total trading volume so far on Friday.
Updated at 2:00 p.m. ET: After jumping more than 10 percent at the start of trading, shares of Facebook pulled back in their market debut Friday, suggesting a cooler-than-expected reception for one of the most watched initial
THE SPARK: Facebook was expected to start trading at about 11 am EDT Friday. But the exchange said about 14 minutes later in a note on one of its websites that it was experiencing a delay. Facebook shares opened at about 11:30 am Half an hour later,