By The Associated Press
Facebook's public debut was the most anticipated tech IPO since Google went public in August 2004. But the stock has lost much of its value since it began trading in mid-May.
Below is a look at how the stocks of some recently public companies are faring. The
By The Associated Press
Facebook's stock has been down on 56 trading days, up on 42 and unchanged on two since its initial public offering.
Facebook began trading publicly in mid-May following one of the most anticipated stock offerings in history. The IPO priced at $38, at the top of a
By MICHAEL LIEDTKEAP Technology Writer
SAN FRANCISCO (AP) - Netflix CEO Reed Hastings is leaving Microsoft's board of directors next month, giving him more time to focus on the myriad of challenges facing Netflix's video subscription service.
The departure announced Tuesday comes 5 1/2
SAN FRANCISCO (AP) - Netflix's see-sawing stock plummeted nearly 11 percent Tuesday amid fresh concerns about the video subscription service's slowing U.S. growth and its ability to pay for enough compelling content to keep its customers satisfied.
THE SPARK: Bank of America Merrill Lynch
NEW YORK (AP) - Workday Inc. said Tuesday that it now expects shares of its planned initial public stock offering to price at $24 to $26 each, up from its previously projected range of $21 to $24 per share.
That suggests that there is heavy demand for the IPO.
If the stock prices at $25, the human
NEW YORK (AP) - Shares of Baidu Inc. slid Tuesday after a Credit Suisse analyst downgraded the Chinese Internet company, citing concerns over a weaker-than-expected advertising market and growing competition.
THE SPARK: The analyst, Wallace Cheung, cut his rating to "Underperform" from "Neutral"
NEW YORK (AP) - Shares of Apple Inc. briefly entered "correction" territory Tuesday as enthusiasm from the launch of the iPhone 5 wanes.
A correction is generally considered a decline of 10 percent or more in a stock market index or a particular company's shares.
Apple shares went as low as $
NEW YORK (AP) - Shares of Research In Motion Ltd., the maker of the BlackBerry phones, fell Tuesday after an analyst said the company's new operating system will launch later he had expected.
THE SPARK: RIM has said that BlackBerry 10, the new operating system, will launch in the first three
MILPITAS, Calif. (AP) - The chipmaker Intersil Corp. forecast disappointing third-quarter sales on Tuesday, citing the weak PC market.
Intersil said it will report about $151 million in revenue for the quarter that ended Sept. 28. That's down 19 percent, or about $36 million, from a year ago
NEW YORK (AP) - AOL relaunched Games.com, a site with more than 5,000 free games, designed to attract a large online gaming audience online and on mobile and tablet devices.
AOL said Tuesday that the games are from developers and distributors such as Big Fish Games, Masque Publishing, Mochi Media