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Facebook flop hurts small investors' trust in stocksNEW YORK (Reuters) - Just when brokers thought Mom-and-Pop investors were getting excited about the stock market, along came Facebook. The 17 percent plunge in Facebook's shares since its ballyhooed debut last Friday, coupled with Nasdaq's mishandling of opening day trading, is spooking the very investors who had seemed the most intrigued by the offering, said Wall Street executives. ...Reuters via Yahoo! News - May 25 12:51pm
Facebook IPO fiasco deepens investors’ fear of stock marketFacebook’s IPO, plagued by trading errors and a 16% drop in share price, will push more individual investors out of a stock market they already distrust after the financial crisisNational Post - May 25 12:11pm
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Facebook's stock debut shows not all investors are equalDistrust of the stock market sharpens as word spreads that big investors and wealthy clients of Wall Street giants had received warnings about Facebook that smaller investors had not. NEW YORK —Facebook Inc.'s bungled stock-market debut made it clear that big money still rules Wall Street. But this time, the small money got a look at how Wall Street really works — and that could spell trouble ...Los Angeles Times - May 25 07:48am
UBS, Citigroup lost $50 mln due to Nasdaq glitches--UBS lost $30 million, Citigroup out $20 million on Facebook trading, sources say --Glitches at Nasdaq Stock Market drove losses for market-makers --Nasdaq OMX unsure whether losses will be fully covered The market-making arms of UBS AG UBS and Citigroup Inc. C suffered combined losses of about $50 million on trades made during last Friday's glitch-plagued listing of Facebook Inc.Market Watch - May 25 11:34am
Facebook flop hurts small investors’ trust in stocksNEW YORK, May 26 — Just when brokers thought Mom-and-Pop investors were getting excited about the stock market, along came Facebook. The 17 per cent plunge in Facebook’s shares since its ballyhooed debut last Friday, coupled with Nasdaq’s mishandling of opening day trading, is spooking the very investors who had seemed the most intrigued by the ...The Malaysian Insider - May 25 05:47pm
Facebook IPO Fallout Deepens Investor Distrust of StocksFacebook Inc. (FB) ’s initial public offering, plagued by trading errors and a 16 percent drop in the share price, will push more individual investors out of a stock market they already distrust after the financial crisis.Bloomberg - May 25 10:07am
The Swiss Stock Market Closed To The Upside FridayThe Swiss stock market ended Friday's session in positive territory. The market began the trading day in the green and at one point approached the 5,900 point mark. Those early gains soon vanished and the market slipped into the red. The better than expected U.S. consumer sentiment helped to provide support to the market in the afternoon.RTT News - May 25 10:27am
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