JAMES DORING
In one of the most anticipated initial public offerings (hereinafter referred to as “IPO”) in recent history, Facebook, Inc. (hereinafter referred to as “Facebook”) officially became a publically traded company by debuting on the NASDAQ stock exchange on May 18, 2012. The IPO raised $16 billion and valued the company at $100 billion in early trading. However, controversy plagued the IPO in the lead up to May 1, and the news for Facebook and investors only became worse as the stock market opened with Facebook CEO Mark Zuckerberg and NASDAQ CEO Bob Greifeld ringing the bell to start the trading day. Continue Reading>
