More than three months after Facebook's IPO, chief financial officer David Ebersman is getting the blame for the social network's failure on the stock market, at least that's how DealBook's Andrew Ross Sorkin sees it.
After another strong quarter the three major stock market indices are way up in 2012, with the NASDAQ rising nearly 20 percent this year.
In the weeks following Facebook's botched debut on the NASDAQ market the two have had a nasty, complicated, break-up—almost.
Weeks after it's disastrous debut, Facebook is getting in on the blame game for their first day's poor performance, and they're pointing their fingers at NASDAQ.
For a brief period following Facebook's disastrous IPO, the NASDAQ itself was one of the few companies to make money on it, but now the exchange has agreed to pay out $40 million to financial firms, including the $10.7 million it made on the launch.
In the financial and political world, people care about the Nasdaq hitting 3,000 because people care about the Nasdaq hitting 3,000.
Get ready for another of tech bubble paranoia after Groupon hits the NASDAQ later this morning.
Dow dips below 11,000 again but some wonder if the markets could get worse
The music streaming service started public trading at nearly $25 a share
Have a story we missed? A link we have to click? A sharp opinion about the news? Instead of waiting for us to post it, tell us on the Open Wire.Submit your news and ideas | See all reader posts