Shelly Palmer

Facebook (FB) IPO: The Winners and Losers

Facebook

Friday saw the long awaited IPO of Facebook Inc and it failed to live up to the hype they got over the past year.  Shares of Facebook Inc closed up only 23 cents after hitting $40+ mid-day.  Facebook Inc  did set a record for trading volume but the huge share float combined with huge retail investor presence, made institutional investors pass on the stock. Read the full story at Value Walk.