The IPO Priced At $38, Top Of A Projected Range That Facebook Had Already Boosted Just Days Earlier

M.M

Facebook's banal has been bottomward on 34 trading days, up on 24 and banausic on one back its antecedent accessible offering.

Facebook began trading about in mid-May afterward one of the best advancing banal offerings in history. The IPO priced at $38, at the top of a projected ambit that Facebook had already additional aloof canicule earlier.

Although abounding investors had hoped for a big first-day pop, Facebook's banal opened on May 18 at
$42.05 and fluctuated amid $45 and $38 throughout the day. It bankrupt almost aloft its IPO price, at $38.23.

The banal had collapsed acutely in the weeks afterward the IPO.

Investors accept been anxious about its adeptness to accumulate accretion acquirement and accomplish money from its growing adaptable audience, admitting abounding analysts authority absolute abiding opinions.

The company, forth with the advance banks that led the IPO, is the accountable of dozens of actor lawsuits. They adduce that analysts at the ample underwriting advance banks cut their banking forecasts for Facebook aloof afore the IPO and told alone a scattering of clients. Facebook and the banks administering the IPO assert that annihilation about its IPO action was actionable or alike out of the ordinary.

Here's how Facebook's banal has traded back the IPO:

— Friday, May 18: Bankrupt at $38.23, up 0.6 percent from IPO price

— Monday, May 21: Bankrupt at $34.03, bottomward 11 percent for the day, bottomward 10 percent from IPO price

— Tuesday, May 22: Bankrupt at $31, bottomward 8.9 percent for the day, bottomward 18 percent from IPO price

— Wednesday, May 23: Bankrupt at $32, up 3.2 percent for the day, bottomward 16 percent from IPO price

— Thursday, May 24: Bankrupt at $33.03, up 3.2 percent for the day, bottomward 13 percent from IPO price

— Friday, May 25: Bankrupt at $31.91, bottomward 3.4 percent for the day, bottomward 16 percent from IPO price

— Tuesday, May 29: Bankrupt at $28.84, bottomward 9.6 percent for the day, bottomward 24 percent from IPO price

— Wednesday, May 30: Bankrupt at $28.19, bottomward 2.3 percent for the day, bottomward 26 percent from IPO price

— Thursday, May 31: Bankrupt at $29.60, up 5 percent for the day, bottomward 22 percent from IPO price

— Friday, June 1: Bankrupt at $27.72, bottomward 6.4 percent for the day, bottomward 27 percent from IPO price

— Monday, June 4: Bankrupt at $26.90, bottomward 3 percent for the day, bottomward 29 percent from IPO price

— Tuesday, June 5: Bankrupt at $25.87, bottomward 3.8 percent for the day, bottomward 32 percent from IPO price

— Wednesday, June 6: Bankrupt at $26.81, up 3.6 percent for the day, bottomward 29 percent from IPO price

— Thursday, June 7: Bankrupt at $26.31, bottomward 1.9 percent for the day, bottomward 31 percent from IPO price

— Friday, June 8: Bankrupt at $27.10, up 3 percent for the day, bottomward 29 percent from IPO price

— Monday, June 11: Bankrupt at $27, bottomward 0.4 percent for the day, bottomward 29 percent from IPO price

— Tuesday, June 12: Bankrupt at $27.40, up 1.5 percent for the day, bottomward 28 percent from IPO price

— Wednesday, June 13: Bankrupt at $27.27, bottomward 0.5 percent for the day, bottomward 28 percent from IPO price

— Thursday, June 14: Bankrupt at $28.29, up 3.7 percent for the day, bottomward 26 percent from IPO price

— Friday, June 15: Bankrupt at $30.01, up 6.1 percent for the day, bottomward 21 percent from IPO price

— Monday, June 18: Bankrupt at $31.41, up 4.7 percent for the day, bottomward 17 percent from IPO price

— Tuesday, June 19: Bankrupt at $31.91, up 1.6 percent for the day, bottomward 16 percent from IPO price

— Wednesday, June 20: Bankrupt at $31.60, bottomward 1 percent for the day, bottomward 17 percent from IPO price

— Thursday, June 21: Bankrupt at $31.84, up 1 percent for the day, bottomward 16 percent from IPO price

— Friday, June 22: Bankrupt at $33.05, up 3.8 percent for the day, bottomward 14 percent from IPO price

— Monday, June 25: Bankrupt at $32.06, bottomward 3 percent for the day, bottomward 16 percent from IPO price

— Tuesday, June 26: Bankrupt at $33.10, up 3.2 percent for the day, bottomward 13 percent from IPO price

— Wednesday, June 27: Bankrupt at $32.23, bottomward 2.6 percent for the day, bottomward 15 percent from IPO price

— Thursday, June 28: Bankrupt at $31.36, bottomward 2.7 percent for the day, bottomward 17 percent from IPO price

— Friday, June 29: Bankrupt at $31.09, bottomward 0.9 percent for the day, bottomward 18 percent from IPO price

— Monday, July 2: Bankrupt at $30.77, bottomward 1 percent for the day, bottomward 18 percent from IPO price

— Tuesday, July 3: Bankrupt at $31.20, up 1.4 percent for the day, bottomward 18 percent from IPO price

— Thursday, July 5: Bankrupt at $31.47, up 0.9 percent for the day, bottomward 17 percent from IPO price

— Friday, July 6: Bankrupt at $31.73, up 0.8 percent for the day, bottomward 17 percent from IPO price

— Monday, July 9: Bankrupt at $32.17, up 1.4 percent for the day, bottomward 15 percent from IPO price

— Tuesday, July 10: Bankrupt at $31.47, bottomward 2.2 percent for the day, bottomward 17 percent from IPO price

— Wednesday, July 11: Bankrupt at $30.97, bottomward 1.6 percent for the day, bottomward 19 percent from IPO price

— Thursday, July 12: Bankrupt at $30.81, bottomward 0.5 percent for the day, bottomward 19 percent from IPO price

— Friday, July 13: Bankrupt at $30.72, bottomward 0.3 percent for the day, bottomward 19 percent from IPO price

— Monday, July 16: Bankrupt at $28.25, bottomward 8.1 percent for the day, bottomward 26 percent from IPO price

— Tuesday, July 17: Bankrupt at $28.09, bottomward 0.6 percent for the day, bottomward 26 percent from IPO price

— Wednesday, July 18: Bankrupt at $29.11, up 3.6 percent for the day, bottomward 23 percent from IPO price

— Thursday, July 19: Bankrupt at $29, bottomward 0.4 percent for the day, bottomward 24 percent from IPO price

— Friday, July 20: Bankrupt at $28.76, bottomward 0.8 percent for the day, bottomward 24 percent from IPO price

— Monday, July 23: Bankrupt at $28.75, bottomward a penny for the day, bottomward 24 percent from IPO price

— Tuesday, July 24: Bankrupt at $28.45, bottomward 1 percent for the day, bottomward 25 percent from IPO price

— Wednesday, July 25: Bankrupt at $29.34, up 3.1 percent for the day, bottomward 23 percent from IPO price

— Thursday, July 26: Bankrupt at $26.84, bottomward 8.5 percent for the day, bottomward 29 percent from IPO price

— Friday, July 27: Bankrupt at $23.71, bottomward 12 percent for the day, bottomward 38 percent from IPO price

— Monday, July 30: Bankrupt at $23.15, bottomward 2.3 percent for the day, bottomward 39 percent from IPO price

— Tuesday, July 31: Bankrupt at $21.71, bottomward 6.2 percent for the day, bottomward 43 percent from IPO price

— Wednesday, Aug. 1: Bankrupt at $20.88, bottomward 3.8 percent for the day, bottomward 45 percent from IPO price

— Thursday, Aug. 2: Bankrupt at $20.04, bottomward 4 percent for the day, bottomward 47 percent from IPO price

— Friday, Aug. 3: Bankrupt at $21.09, up 5.2 percent for the day, bottomward 45 percent from IPO price

— Monday, Aug. 6: Bankrupt at $21.92, up 3.9 percent for the day, bottomward 42 percent from IPO price

— Tuesday, Aug. 7: Bankrupt at $20.72, bottomward 5.5 percent for the day, bottomward 45 percent from IPO price

— Wednesday, Aug. 8: Bankrupt at $20.72, banausic for the day, bottomward 45 percent from IPO price

— Thursday, Aug. 9: Bankrupt at $21.01, up 1.4 percent for the day, bottomward 45 percent from IPO price

— Friday, Aug. 10: Bankrupt at $21.81, up 3.8 percent for the day, bottomward 43 percent from IPO price


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