Correction / ROUNDUP / shares in New York concluded: disappointed Re-losses Facebook
Saturday, May 19th, 2012(Corrects information on Facebook, the closing price in the third paragraph. The stock closed at $ 38.23 newcomer, an increase of 0.6 per cent above the issue price.)
NEW YORK (Reuters) – The IPO of Facebook have on the U.S. stock markets Friday yielded to continue. The first noticeable euphoria soon gave way to the social network of the disappointed voices and also there were the ongoing uncertainty about the euro zone, which prevented a recovery movement. Investors have shunned before the weekend, the risk remains, it said. The benchmark index Dow Jones Industrial gave way to the final by 0.59 percent to 12369.38 points. He has to twelve of the last thirteen days in minus closed and lost in this period of almost seven percent in value. Plus since its beginning then shrank to just 1.25 percent. Only in the course of this week, the decline amounted to about three and a half percent.
The broader S & P 500, meanwhile, went on Friday 0.74 percent lower at 1295.22 points and the first time in four months under the mark of 1,300 meters from the market. The technology-heavy Nasdaq index tended by adults in the face of the launch of Facebook’s shares even weaker: The composite index was at the castle bell with 1.24 percent in the red at 2778.79 points and the selection index Nasdaq 100 lost 1.22 percent to 2478.53 points.
FACEBOOK KEEPS THE ONLY ISSUE PRICE struggle to survive
Facebook’s shares, has failed by some market participants considered possible course fireworks: The shares of the social network did indeed with the first course a jump of more than ten percent, were last but only at 38.23 U.S. dollars and thus only about 0.6 percent above the issue price of 38 dollars. Only the intervention of the banks, which accompanied the IPO is likely, during the day, including one case prevented. It also gave disappointing responses, therefore, had been betting because sometimes located very much about the actual IPO.
Underexperts make the high valuation and growth opportunities of the Internet giant headache. Nevertheless, the IPO is the largest Internet-emission of all time. On the basis of the issue price of a stock market value is around 104 billion dollars. The gigantic proportions are also evident in a series of glitches in the marketplace: The start was delayed by half an hour, and the Nasdaq was also overwhelmed by the large number of buy and sell orders
.By href=”http://www.finanzen100.de/aktien/facebook-wkn-a1jwvx_H189919285_50838870/”> Facebook have been affected by some papers or Mitprofiteuren competitors. Title of the business partner Zynga , for his in Facebook embedded games is known, broke from Nasdaq by about 13.5 percent. At times they had during the day will be suspended from trading. Title of the job network provider LinkedIn slumped 5.65 percent to further off, and the shares of the voucher provider Groupon came with more than six percent under pressure.
FOR FURTHER SPECULATION
JPMORGAN LOSS IN VIEW
Otherwise, the title of
remained JPMorgan because of the loss of billions of speculation in the news . According to a report in the Wall Street Journal ‘could rise in the last week became known loss from risky bets on five billion dollars. Only the day before the bank had corrected the amount of the loss of three billion dollars upwards. The title of the Dow Jones lost a 1.30 per cent to $ 33.49.
by almost nine per cent up on the other hand, it went according to figures for the shares of Yahoo on the Nasdaq climbed further to 3.70 per cent. Sources said the Internet company is in negotiations for a re-sale of acquired shares in China’s Alibaba Group Holding. / Tih / fn