NASDAQ news stories on Newser

Facebook Expands IPO, Could Raise $16B

Rob Quinn — Wed, 16 May 2012 04:30:00 CDT

Facebook's behemoth of an IPO is getting even bigger. After raising its price range , the company has now decided to expand the size of the stock offering by 25% to 422 million shares, sources tell Reuters . The IPO could now raise as much as $16 billion—dwarfing Google's $2 billion...

Facebook IPO: Not Quite $100B

Matt Cantor — Thu, 03 May 2012 15:59:31 CDT

With Nasdaq trading likely to begin in weeks, Facebook has revealed pricing figures: It's planning to sell shares for between $28 and $35, which would put the company's value at $77 billion to $96 billion—the highest ever for a web firm during its IPO, the Wall Street Journal reports....

Facebook Will List on Nasdaq

John Johnson — Thu, 05 Apr 2012 14:53:13 CDT

Nasdaq has scored a major coup in the world of stock exchanges: It's getting Facebook, report the Wall Street Journal and New York Times . The company will list under the ticker symbol FB on the tech-heavy exchange after its initial public offering, expected next month. Nasdaq already has the likes...

Nasdaq Hits 11-Year High; Dow Rises 157

John Johnson — Fri, 03 Feb 2012 15:10:00 CST

Today's rosy jobs report did wonders for the markets. The tech-heavy Nasdaq, in fact, closed at an 11-year high, reports MarketWatch , while the Dow finished at its highest level since May 2008, notes the Wall Street Journal . The numbers: Dow: Up 157, 1.2%, to 12,862 Nasdaq: Up 46,...

Dow Surges 337, Reclaims 12K

Tue, 20 Dec 2011 15:02:26 CST

Encouraging signs out of Europe and a surprisingly strong report on the US housing market drove the Dow Jones industrial average up more than 330 points today. It was the best day for stocks this month. The Spanish government pulled off a successful debt auction, and gauges of business and...

No Pop in Zynga's IPO

Kate Schwartz — Fri, 16 Dec 2011 12:15:05 CST

Maybe it's not such a great day to live in Farmville after all. Zynga's much ballyhooed IPO took a turn for the negative this morning. Though things seemed encouraging out the gate—shares opened on Nasdaq a dollar above its $10 initial public offering price—they sank below that price...

Stocks Plunge on Super Committee Failure

Kevin Spak — Mon, 21 Nov 2011 08:42:05 CST

Stocks plunged at the opening bell today, thanks to the super committee's failure to reach a deal and the ongoing debt crisis in Europe. As of 9:37am, the Dow was down 158 points, while the Nasdaq and S&P were down 40 and 19 points, respectively, as investors bet that...

Dow Soars 340, May Have Best October Ever

John Johnson — Thu, 27 Oct 2011 15:04:52 CDT

Wall Street had a banner day in the wake of the financial accord in Europe , with banks stocks leading the way: Dow: Up 340 (2.9%) to 12,209; (it had been up more than 400 points in the final hour) Nasdaq: Up 88 (3.3%) to 2,739 S&P...

NASDAQ Hackers Spied on Company Directors

Rob Quinn — Fri, 21 Oct 2011 02:05:00 CDT

Hackers who broke into the NASDAQ stock exchange's systems last year stole a lot more information than previously thought, sources close to the investigation tell Reuters . The hackers installed malware on a software program that corporate boards use to share documents and communicate with executives, which allowed them to spy...