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Facebook's inability to make a clean break to a significantly higher upside surprised some market pros. Shares traded near their starting point in the final hour.
SEC to Review IPO Trading Issues
Was the Deal Overhyped?
Slideshow: Best & Worst IPOs Since 2000
Complete Coverage of the Facebook IPO
JOHN CARNEY
DAVID FABER
CINDY PERMAN
As Facebook shares close on their first day of trading, David Faber explains why the stock never fell below its $38 offering level, despite selling pressure.
CNBC's Seema Mody recounts, in chronological order, all the events and drama surrounding Facebook's debut on the Nasdaq today.
Marc Faber, editor of the Gloom, Boom & Doom Report, discusses investor psychology. He believes the rise in stock prices earlier this year was artificial and that the current May correction could turn into something more serious, but expects a near-term bounce that could lift the S&P by 5%.
- What would pro sports be without grudges and rivalries? Read ahead for some expensive conflicts.
- Before the IPO, Facebook moved its headquarters to Menlo Park, California. Here’s a look inside.
- Here are six tasty items that have consumers buzzing in the world of beer, wine and spirits. Bottoms up.
- Finding a deal on a summer airfare may be tough this year, but there are ways to get some "free" seats.
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