Lori Spechler is a Senior Editor at CNBC responsible for booking and coverage of major market events. In addition, she has written for CNBC.com and NetNet on topics ranging from gold to the height of women's heels. Formerly a trader and market-maker in commodity options, her resume includes such infamous Wall Street names as AIG Trading Corp. and Drexel Burnham Lambert Trading Corp.
For the first time, shares of LinkedIn became available to short sellers today, but market watchers say there was a wide gulf between what sellers were asking and what buyers were willing to pay. A high stakes game of "chicken" ensued with little or, no business being transacted.
Tuesday is the first day that traders can short shares of LinkedIn. That is, if you can find shares to borrow and are willing to pay the price.
Twelve T. Rowe funds are holding shares of Facebook. While it is not unique for a mutual fund to hold shares of a private company, it's interesting at many levels. For those that like to speculate about the future of Facebook, this adds weight to the argument that Facebook will go public sooner rather than later.
Stocks are entering the time of year when market gains are historically the lowest and volatility can be the highest.
Shares of Expedia rose more than 8 percent Friday after the company posted an unexpected profit in the first quarter.
Markets are at risk of mild correction
Gilead Sciences fell nearly 8 percent, dragging down the S&P 500’s health care sector.
Patti Domm is CNBC Executive Editor, News, responsible for news coverage of the markets and economy.
A CNBC reporter since 1990, Bob Pisani covers Wall Street from the floor of the New York Stock Exchange.
Senior Producer - Breaking News
Dominic Chu is a markets reporter for CNBC.
Evelyn Cheng is a markets writer for CNBC.
Sara Eisen is a correspondent for CNBC, focusing on currencies and the global consumer.