Tuesday, May 22, 2012

Stock Alert - Facebook (FB -2.4%) continues to fall as the blame game starts over responsibility for its 11% slump yesterday- 5/22/12

Facebook (FB -2.4%) continues to fall as the blame game starts over responsibility for its 11% slump yesterday. Among the chief names are Morgan Stanley (MS), the lead underwriter; Nasdaq (NDAQ), for the tech problems on Friday; and of course Facebook. Among the criticisms: the price was too high and too many shares were sold.

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