Nasdaq’s Silence Unleashed Facebook IPO Chaos; Is Morgan Stanley Banker’s Star Falling? Wall Street Roundup
Muted response: As the clock ticked past Facebook’s scheduled open, Nasdaq stayed mum on the technical glitches that delayed trading in the social media company’s stock by 28 minutes. The resulting chaos lasted hours, causing confusion over who had bought and sold how many shares at what prices—and leading to about $115 million in losses Read More
