Technology News
Portfolio managers waiting to buy Facebook stock at a lower price
Facebook Inc's 26 per cent slide from its initial offering price may have investors who got in on the ground floor feeling resentful, but some fund managers are eager to see shares dip even further. Technology glitches and a communications breakdown marred Facebook's $16 billion IPO on May 18, leading many observers to believe the initial stock was overvalued, contributing to its free-fall over the
Technology Galleries
Technology Videos
|
|
