Reduced Estimate for Facebook Revenues

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Description:  Ad, other revenues at the site will fall short of expectations Source: eMarketer.com Date: Aug 31, 2012 Link:  http://www.emarketer.com/Article.aspx?R=1009314&ecid=a6506033675d47f881651943c21c5ed4#LSUMqlXHZEGugLmO.99 Questions for Discussions: Why has eMarketer reduced its forecast of ad revenues? What is the basis for their forecast? What does this say about the risks associated with forecasts, especially for firms like Facebook? How… Read more »

Was Facebook a set up for Morgan Stanley?

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Description:  Did Morgan Stanley’s mutual-fund bet on Facebook Inc.’s initial public offering backfire or was it a set-up that burned investors in those funds? Source: Marketwatch.com Date: Aug 24, 2012 Link:  http://www.marketwatch.com/story/was-facebook-a-set-up-for-morgan-stanley-2012-08-24?link=MW_story_investinginsight Questions for Discussions: What are the arguments presented in the video report? Do you think  it was a set-up?

Worst may not be over for Facebook

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Description: Facebook shares hit a new low Thursday after insiders were given the chance to sell. But the stock still looks overvalued and risky. Source: CNNMoney.com – video report Date: Aug 17, 2012 Link: http://money.cnn.com/video/investing/2012/08/17/investing-bz-facebook.cnnmoney/ Questions for Discussions: Summarize commentary in this report about the valuation and forecast for Facebook stock. How would you go… Read more »

Facebook Falls After Report Fails to Quell Concerns Over Growth

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Description:  Facebook Inc. (FB) plunged to a record low after its first earnings report as a public company showed a slower sales gain and narrower profit margins, failing to allay concerns over growth that have dragged down the shares. Source: Bloomberg.com Date: July 27, 2012 Link: http://www.bloomberg.com/news/2012-07-27/facebook-falls-after-report-fails-to-quell-concerns-over-growth.html Questions for Discussions: Why has the stock fallen… Read more »

Short-Sellers Find Friends in Banks

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Description: As Facebook’s underwriters were frantically trying to shore up Facebook’s share price following the company’s IPO, managers at the same firms were helping short-sellers bet that the newly minted stock would fall. Jonathan Cheng has details on digits. Source: Marketwatch.com – video report Date: May 25, 2012 Link: http://www.marketwatch.com/video/asset/short-sellers-find-friends-in-banks/7960CBE8-4D5A-49EF-9739-A678CB652384 Questions for Discussion: Summarize the… Read more »

Facebook’s stock should trade for $13.80

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Description: Commentary: Here’s a fair-price calculation for Facebook Source: Marketwatch.com Date: May 25, 2012 Link: http://www.marketwatch.com/story/facebooks-stock-should-trade-for-1380-2012-05-25 Questions for Discussions: What is the basis for the calculations? Do you think the approach is sound? What do you think Facebook is worth?  

Our journey buying into Facebook’s IPO

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Description: As trading volumes spiked to 567 million shares, CNNMoney tried to get in on the action. Source: CNNMoney.com – video report Date: May 18, 2012 Link: http://money.cnn.com/video/news/2012/05/18/n-cnnmoney-buys-facebook-shares.cnnmoney/ Questions for Discussion: Describe the barriers to buying into the IPO on the first day of trading? How do you think these constraints affected the trading values… Read more »

Facebook debut sets pace for tech IPOs to come

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Description: With Facebook Inc. FB +0.61%  finally going public, the market’s attention next turns to whether the social-networking sensation will lead the way for another wave of tech firms to cash in on the IPO market Source: Marketwatch.com Date: May 18, 2012 Link: http://www.marketwatch.com/story/facebook-debut-sets-pace-for-tech-ipos-to-come-2012-05-18 Questions for Discussions: How is the Facebook IPO experience expected to… Read more »

Facebook Fails To Make Day-One Pop, Lags Behind Google

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Description: The 8-year-old social-networking site run by co-founder Mark Zuckerberg closed 0.6 percent higher at $38.23 in New York yesterday. That compares with Carlyle Group LP (CG)’s lackluster 0.2 percent day-one increase on May 3. It pales in contrast with Google Inc. (GOOG)’s 18 percent jump in its 2004 initial public offering, Visa Inc. (V)’s… Read more »

Is Facebook Sucking Oxygen Out of the IPO Market?

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Description: As Facebook increases the size and price range of its initial public offering, the rest of the IPO market is starting to sputter. According to data compiled by Bloomberg, there’s been an uptick in the number of companies that have either withdrawn or postponed their IPO in the past three months. Since mid-February, 29… Read more »