Browsing articles in "World Markets"
May
19
2012

Facebook IPO – success or failure !!!

Facebook IPO

The much hyped and awaited IPO of social networking website Facebook had it’s listing on Nasdaq on Friday (May 18, 2012). On the contrary to the expectations, the IPO failed to gain a larger chunk of investor’s confidence on it’s very first day of trading on the bourse. With the coming of the IPO the social networking giant is now valued at more than $100 billion. The listing price of the stock was fixed at […]

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Mar
24
2012

U.S. markets – biggest fall for this year:

US

The U.S. markets fell this week making it their biggest loss in CY 2012. This is the biggest decline since december last year. The decline was seen in the backdrop of demotivating PMI data for China and Eurozone. For the 11 weeks this CY, U.S. markets posted first weekly loss. S&P 500 fell 0.5% and Dow Jones 1.2%.

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