Timeline for Why did the stock chart for Facebook's first trading day show an initial price of $42 when the IPO price was $38?
Current License: CC BY-SA 3.0
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| Jan 16, 2015 at 4:26 | comment | added | user12515 | You can see the obvious floor held by the underwriters, I remember at the time this was in place by a massive bid coming direct from (IIRC) Morgan Stanley at $38.00, no doubt from their over-allotment. | |
| May 24, 2012 at 1:53 | history | edited | JTP - Apologise to Monica♦ | CC BY-SA 3.0 |
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| May 19, 2012 at 19:08 | history | edited | JTP - Apologise to Monica♦ | CC BY-SA 3.0 |
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| May 19, 2012 at 18:03 | history | answered | JTP - Apologise to Monica♦ | CC BY-SA 3.0 |