The imminent initial public offering of Facebook renews a question that has been on the market's collective mind: Are we in the midst of a new tech stock bubble?
By Jake Zamansky:The stock market has been raging since October, though the past couple of weeks have seen it come back down to earth a bit. But the market's recent meteoric rise, with the S&P 500 returning 12% over the first quarter, begs a question. Is this the new normal, is the market really this strong, or are analysts overrating stocks to goose soaring prices?
Rumors continue to swirl around Facebook?s imminent initial public offering. According to Bloomberg, the social media giant has chosen ?to take the lead on its planned initial public offering, four people with knowledge of the matter said.? Facebook will file with regulators today in order to raise an initial $5 billion, though Bloomberg reports that ...
The horrendous stock market debut for Facebook suggests investors are not ready to jump in and create another tech bubble despite big expectations for social media, analysts say.Facebook closed out its first full week of trade with a loss of 16 percent from its offering price of $38, in a huge disappointment after a much-hyped initial public offering worth $16 billion, the biggest for a tech firm.The stock failed to live up to the anticipation of some who thought investors would be stampeding to get a piece of the network which has 900 million users.
As the world awaits Facebook?s imminent filing for its initial public offering of stock, the biggest question in the minds of investors and the rest of us is this: Can Facebook keep growing so fast? Facebook has come very far, very fast, amassing more than 800 million users and earning up to $4.3 billion in ...
By Wade Slome:
If you don’t pay close enough attention, you may miss the Facebook initial public offering (IPO) in the blink of an eye. Since computer programming or Botox has frozen Facebook CEO Mark Zuckerberg’s face into a wide-eyed, blink-free state, you may have bought yourself a little more time to buy shares in this imminent IPO, which is estimated to value the company at upwards of $100 billion.
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Submitted by John Hardy of Saxo Bank, Now that I am convinced we’ve moved into totally unjustifiable extremes of complacency in risky assets, I am having a look at some historic stock market breaks and how they have unfolded. In that light, the current setup is rather ominous. Note: All charts are courtesy of Bloomberg – kudos to them for keeping such long data sets on the major US market indices.
This week, among record fund flows into stocks around the world, long-only equity mutual funds recorded inflows of $8.9 billion – the biggest weekly inflow seen since March 2000, during the height of the tech bubble: