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Facebook Shares Slip On Day 2 Of Trading
2012-05-21 14:22:36

Michael Harper for RedOrbit.com Following what may have been the most anticipated IPO in recent memory, Facebook shares have sunk nearly 13% as of this writing on Monday, May 21. Sinking so low on just the second day of trading is not only embarrassing for the social networking company, it could also keep would-be investors away from bolstering the stock. As stocks traded around $36 during pre-market, it might be hard for CEO Mark Zuckerberg to enjoy any honeymoon he might be taking...

Facebook Goes Public, Finally
2012-05-18 12:02:35

Michael Harper for RedOrbit.com Well, it´s finally happened. Facebook is now a publicly traded company. At the time of this writing, shares of FB are going for around $40. At opening, Facebook shares were valued at $38 and are expected to earn the social media giant $18.4 billion. According to CNBC, an estimated 82 million shares were traded in the first 30 seconds, a testament to the high-levels of anticipation that has been building up over the past few months. After FB´s...


Word of the Day
attercop
  • A spider.
  • Figuratively, a peevish, testy, ill-natured person.
'Attercop' comes from the Old English 'atorcoppe,' where 'atter' means 'poison, venom' and‎ 'cop' means 'spider.' 'Coppa' is a derivative of 'cop,' top, summit, round head, or 'copp,' cup, vessel, which refers to 'the supposed venomous properties of spiders,' says the OED. 'Copp' is still found in the word 'cobweb.'
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