Conflict-of-interest arguments are brewing about whether Morgan Stanley and other banks were allowed to make significant downward adjustments to Facebook's financial estimates during the deal's 9-day marketing period. Read More
Citadel Securities is the latest firm to report “significant losses” from Facebook trades on behalf of clients, according to people familiar with the situation. Read More
Despite Facebook’s trading flop, underwriters on the deal, led by Morgan Stanley, are in line to turn a potentially substantial profit through a trading mechanism designed to stabilize the share price, according to people familiar with the matter. Read More
Facebook, which had a disastrous initial public offering with the Nasdaq last week, is now considering a listing with the New York Stock Exchange, sources told CNBC. Read More
In the latest chapter of Facebook's trading saga, regulators will be stepping in to oversee a process that will attempt to reconcile Friday’s botched trades. Read More
With Facebook shares trading close to their $38 offer price and revelations that retail investors got a larger-than-expected slice of the $18.4 billion IPO, market watchers are questioning whether the social network’s debut was overhyped — not just in the media, but in the investor community. Read More
Facebook priced its historic initial public offering at $38, a share at the high end of the expected range of $34-$38, becoming the largest internet IPO in history. Read More
Kayak Software is aiming to go public in the coming weeks, as the market for technology deals in particular could see a lift from Facebook's offering, according to people familiar with the deal. Read More
All day Friday, Facebook management will get an opportunity to practice its IPO pitch in front of a captive audience: its three lead underwriters, and the entirety of their sales teams. Read More