New York, New York - May 22, 2012 - www.InvestorIdeas.com, a global investor research portal, specializing in sector research including tech stocks issues an investor alert for social networking stock, Facebook (NASDAQ: FB) following its high profile IPO.
The stock opened well on Friday, its first day of trading and traded record volume but at the end of the day it was not a winner. It has been down hill since and now questions are being raised about how the bankers handled the IPO. Reports have come out that the lead bankers changed revenue forecasts midway into the IPO roadshow; the problem being not everyone had access to the same information.
- Published: 21 May 2012
- Written by Investor Ideas