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Feds to probe Facebook IPO; stock continues to fall

San Jose Mercury News
Wednesday, 23 May 2012

Feds to probe Facebook IPO; stock continues to fallOn the third day of trading after its disappointing debut, Facebook's stock stumbled badly on Tuesday, as critics blasted the company and its underwriters for being greedy and over-pricing the initial offering and federal financial regulators called for a review of the ill-fated IPO.
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Source: Newsy.com - on May 20, 2012

News video: Facebook Shares Fall Flat on IPO

Facebook Shares Fall Flat on IPO

Facebook's shares failed to wow, earning only 28 cents per share after the much hyped IPO. Now the company faces questions about its next move.

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