27. April 2024

Morgan Stanley Was A Control-Freak On Facebook IPO – And It May Have Royally Screwed Itself

19.05.2012 12:49, businessinsider
NEW YORK (Reuters) – Lead Facebook Inc underwriter Morgan Stanley took a bet earlier this week when it increased the size of the social networking firms $16 billion initial public offering and it boosted the price.
Thanks to massive hype surrounding Facebooks historic public offering, the wager looked safe. But a rocky first day of trading has raised questions about whether Quelle: DAF… [weiterlesen]