The huge price tag for Facebook's acquisition of messaging service WhatsApp is hard to justify, but there is clearly value in the app's 450 million users, Blackstone told CNBC.» Read More
CNBC's Gary Kaminsky shares his view on Facebook and Morgan Stanley.
Facebook is down 27% from its IPO price of $38, making it the biggest two week loss of any IPO since 1995. Eric Jackson, founder of Ironfire Capital and a Forbes columnist, discusses.
Take a look at some of Monday’s morning movers:
Stocks suffered their worst day of the year, with the Dow tumbling into negative territory for 2012, after a disappointing jobs report in addition to dismal data from China and Europe fueled fears over the health of the global economy.
Morgan Stanley's CEO James Gorman told CNBC that Facebook investors may have been buying for the wrong reasons. Andrew Stoltmann, Stoltmann Law Partner and David Menlow, IPOFinancial.com president, weigh in.
Take a look at some of Friday's midday movers:
Social still looms large, but now I'm hearing lots of talk about social commerce.
In an effort to control employees' activities on Facebook and Twitter, some U.S. companies have instituted social media policies that run afoul of labor law and infringe on workers' rights.
Facebook, the internet's top social network and the first U.S. company to start with a market capitalization of more than $100 billion at its initial public offering (IPO) last month, turned into a disappointment later as its stock price fell and one banker said this is a bad sign for other IPOs.
Take a look at some of Friday’s morning movers:
A Facebook 'Like' can now make you a part of an advertising strategy, the New York Times reports.
Rob Enderle, Principal Analyst at Enderle Group, wonders if Facebook's numbers in advertising had any foundation and its IPO is "way overhyped".
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Facebook shares are down 29% from the IPO price of $38. Fast Money trader Jon Najarian weighs in. Meanwhile Scott Kessler, S&P Capital IQ, explains why he has a "sell" on Facebook stock.
Stocks closed lower Thursday with all three major averages logging their worst May since 2010, driven by mounting concerns over the euro zone debt crisis in addition to worries over a slowing U.S. economy.
Check out which companies are making headlines after the bell Thursday: VRA, FB, SAI
Discussing comments made by Morgan Stanley's chairman and CEO on the Facebook fallout and just how serious Moody's possible downgrade could be for the firm, with Elliot Weissbluth, HighTower Advisors CEO and CNBC's Gary Kaminsky.
Morgan Stanley's chairman and CEO James Gorman spoke out on the huge hype surrounding Facebook's IPO, and Elliot Weissbluth, HighTower Advisors CEO; Michael Farr, Farr, Miller & Washington president; and CNBC's Gary Kaminsky, react to his comments.
Morgan Stanley spacer CEO James Gorman told CNBC's "Closing Bell" that despite widespread criticism of his firm's handling of the stock offering, "in the room" there appeared to be enough demand to justify its $38 offering price
Morgan Stanley chairman and CEO James Gorman offers insight on his team's efforts to price Facebook's IPO and the Nasdaq's handling of the stock's trading transactions. "In a deal of unprecedented size against a macro backdrop of everything going on in Greece, and so on, created a potent elixir, if you will, that really set this thing aflame," says Gorman.