Facebook's IPO Means What For You?

At the same time the price and public clamor for Facebook's blockbuster IPO is rising, experts' expectations for the company's performance are in decline. The company on Tuesday raised the asking price of its offering – expected on Friday -- from a range of $28-$35 to $34-$38. Yet at the same time, General Motors announced it will stop buying ads on the social network after a $10 million campaign. A GM spokesman quoted by the Wall Street Journal said GM remained "committed to an aggressive...Full Story
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