Facebook Fails. Is Nasdaq to blame?

  • Posted by a hidden member.
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    May 21, 2012 11:27 PM GMT
    I haven't seen anybody comment on this yet..

    So, I was one of the few who was skeptical on whether or not Facebook would be a good investment or not. And in the past few days, it has shown to not be as good as people had hoped or anticipated. Granted it is still early, so things can turn around, but time will tell.
    But a lot of people are blaming Nasdaq for Facebook's unimpressive start. Do you think Facebook would have done a lot better if it were not for Nasdaq's technical difficulties, or is this Facebook's way of placing the blame on somebody else?
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    May 21, 2012 11:40 PM GMT
    I suspect it's the latter. There was a lot of talk in the days leading up to the IPO that it was overvalued.
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    May 21, 2012 11:54 PM GMT
    Don't recall the source or exact number but, I seem to remember reading some time ago that only about 15% of IPOs actually increase in share price from the IPO date & price at the one year post IPO date. If that is correct, it only means FB is acting like a typical IPO.