Tag: initial public offering

The Twitter IPO: Are We Partying Like It’s 1999?

Today, at roughly 9:45 a.m., I’m walking in Ess Eff Sea Eh on 2nd Street at Mission, heading towards Market, and my cool-car detector fires off, as I see a red Ferrari convertible going through the intersection, headed towards 1st Street. This is the car:   That’s it, right down […]

Google Oops

Now there’s something you don’t see everyday: a big public company accidentally releasing its quarterly earnings announcement before it was finalized and before the market closed, precipitating a 10% drop in the stock price and a halt of trading in its shares. Google fall down and go boom-boom-big today on […]

Friedman’s Law of the First Thing, as Applied to Investing: Market Caps

Investing, I’ve been known to say, is not, for most people, the key to financial health — probably not even in the Top 5 determinants of financial health (briefly: Numero Uno is savings rate, Numero Dos is making-a-living happiness, Numero Tres is having a feeling of currently being in control, Numero Cuatro is […]

Facebook and Knight: Human-Fail and SkyNet-Fail?

According to someone out there with the need to calculate this number, “the volume-weighted average price of Facebook stock on May 18, 2012, between 1:50 pm and 2:35 pm” was $40.527. That was the day Facebook went public. That was also the day that the modern stock market had, by […]