Facebook climbs from IPO wreckage | Bangkok Post: news

News > World

Facebook climbs from IPO wreckage

- +

Social networking giant Facebook on Wednesday finally climbed out from the wreckage of its much-hyped but quickly panned stock market debut more than a year ago. 

Social networking giant Facebook on Wednesday finally climbed out from the wreckage of its much-hyped but quickly panned stock market debut more than a year ago.

The company's shares traded slightly above their initial $38 public offering price for the first time since their debut amid much fanfare in May 2012. The shares retreated, however, to end official trading at $36.80 on Wednesday.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

0 people commented about the above

Readers are urged not to submit comments that may cause legal dispute including slanderous, vulgar or violent language, incorrectly spelt names, discuss moderation action, quotes with no source or anything deemed critical of the monarchy. More information in our terms of use.

Please use our forum for more candid, lengthy, conversational and open discussion between one another.

  • Latest
  • Oldest
  • Most replied to
  • Most liked
  • Most disliked

    Click here to view more comments