Saturday, June 16, 2012

Facebook suggests Nasdaq glitches led to decline

Facebook is suggesting that trading problems at the Nasdaq Stock Market contributed to a sharp drop in the company's stock price after its initial public offering. In laying out a defense against dozens of lawsuits from disgruntled shareholders, Facebook and the banks overseeing the IPO also insist that nothing about...

<A HREF="http://www.businessweek.com/ap/2012-06/D9VDQNBO0.htm">Read More</A>

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