Facebook Recoups Some Losses
Facebook (FB) shares, which had hung around $33 and change much of the day, are lately on the move upward, currently recouping losses and down $34.47, or 9%, at $34.79. Where it will go from here is anyone’s guess. On Friday’s first day of trading...
Apple: Just a Very ‘Idiosyncratic’ Stock, Says Morgan Stanley
Morgan Stanley’s Adam Parker, Brian Hayes, and Katy Huberty today offer a think-piece on how to understand the risk to Apple (AAPL) shares, which consists of both “systemic” risk and “idiosyncratic” risk, they assert. Parker is Morgan’s chi...
Splunk: Barclays Starts at Buy, $40 Target
Shares of data analytics company Splunk (SPLK) are up 73 cents, or 2.5%, at $29.79 after Barclays Capital’s Raimo Lenschow today started coverage of the stock with an Overweight rating and a $40 price target, arguing that the company is “the first ...
Yahoo!: BGC Ups to Buy on Alibaba Deal, Core Strategy
Shares of Yahoo! (YHOO) are up 6 cents, or 0.4%, at $15.48 after the company this morning announced a deal with Chinese e-commerce firm Alibaba Group Holdings Ltd. to sell a portion of Yahoo!’s 42% stake in the company for $7 billion, ending one of t...
Facebook: Nasdaq Offers Post-Mortem, Changes Some Practices
The story of what happened Friday with Facebook’s (FB) problematic first day of trading received its official explanation this morning. In an equity trading alert, Nasdaq relates that “additional order modifications” near the open at 11:05 caused...
Facebook Sympathy Stocks, RENN, ZNGA Trade Down
With Facebook (FB) currently off about 10% at $34.36, in case you were wondering, the Facebook “sympathy” stocks are having a fairly mixed day of it: LinkedIn (LNKD): down $1.92, or almost 2%, at $97.10; Renren (RENN): down 32 cents, or 6%, at $4.6...
Apple: Cowen, Piper See iPhone 5 Gaining Favorable Chip Treatment
A couple of upbeat Street notes out today regarding the prospect of Apple's (AAPL) next iPhone, though they disagree somewhat on the timing.
Cowen & Co.'s Matthew Hoffman raised his fiscal 2013 (sending in September of 2013) estimate for the de...
Facebook Drops 11%: Nasdaq to ‘Accommodate’ Some Orders
With shares of Facebook (FB) dropping like a stone — it is currently down $4.44, or 11.7%, at $33.75, below the offer price of $38, and had fallen as low as $33 — you may be interested to know that Nasdaq this morning announced a policy for those w...
This Morning: Facebook Off 10%, Yahoo! Rises on Alibaba Deal
Here some things going on this morning in your world of tech: Shares of Facebook (FB) are down $3.22, or over 8%, at $35 $4.01, or 10.4%, at $34.25, even worse than the stock’s pre-market slump, after the social networker’s soggy debut on Friday. ...
Facebook Coda: You’ve Got till Noon, Monday, to Settle ‘Offline’ Trades
If you had a hard time doing anything with Facebook (FB) shares this morning — and apparently some did have a problem during the stock’s first hour of trading, because of Nasdaq glitches — the exchange wants you to know that you have until noon ...
Facebook Coda: You’ve Got till Noon, Monday, to Settle ‘Offline’ Trades
If you had a hard time doing anything with Facebook (FB) shares this morning — and apparently some did have a problem during the stock’s first hour of trading, because of Nasdaq glitches — the exchange wants you to know that you have until noon ...
Facebook Coda: You’ve Got till Noon, Monday, to Settle ‘Offline’ Trades
If you had a hard time doing anything with Facebook (FB) shares this morning — and apparently some did have a problem during the stock’s first hour of trading, because of Nasdaq glitches — the exchange wants you to know that you have until noon ...
