Why that flat Facebook IPO isn't so bad after all

Associated Press
Why that flat Facebook IPO isn't so bad after all

FILE - In this Friday, May 18, 2012 file photo, passers-by are reflected in the window of the Nasdaq media center as they view reports of trading activity on Facebook's stock on the Nasdaq stock market in New York. The botched offering of Facebook stock has raised several troubling questions, but at least we don't have to worry about the one that plagues most IPOs: How is it that a few select investors were able to pocket obscene profits on a surge in the stock in just a couple of hours? A look at a history of "pops," and why Facebook's flat debut may not be so bad after all. (AP Photo/Bebeto Matthews, File)

View Comments (0)