Page 17 - 104 Billion News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Sure the stock didn't lose money, as did others. not ap great launch. >> it's trading now. why i brought that out, under $37 in the pre-market trade. $1-plus below the trade. it's a mess. not a disaster. let people modify orders up to the open, overwhelmed, couldn't process it. the other side, people have to understand this company's been trading for a while now on the private market. so when they set the ipo price, $28, went up to $38, first trade, $42. facebook people made money, bankers made money, the institutions and the mom and pops are getting a raw deal. people said i want to be in on ...

One trial would create issues with evidence that could hurt one defendant but also help another. the next hearing is scheduled for june. but attorneys for some the defendants have asked for postponement. talk about anti-climate particular, facebook shares gaining just 23 cents in first day of public trading yesterday. the ipo falling way short of all the hype. it was still enough to make plenty of investors and employees instant millionaires and billionaires and make the company worth more than $104 billion. critics say it could have been more lucrative had the initial offering price been a li...

Ipos have fared since their launch. $1,000 investment in oracle's ipo, that's now worth about $500,000. even google launching just eight years ago, that would leave you up to 700% of a profit there. can facebook see that sort of growth, do you think? >> i wish i had bought oracle, right? >> i know, right? >> over time, i think facebook is here to stay. facebook is a monster. it's changed the world we live in. when you look five years from now, i personally think facebook will grow and be bigger and whether you'll get those returns or not, it's hard to imagine that it could be -- it's already $...

john edward probably couldn't help himself and gone off and talked about things, such a good spokesperson, gift of gab, he can talk well, great trial lawyer, it had to be hard as could be for him to not say a word. probably the right choice. if you catch somebody in a lie, even unintentional lie, it shoeses him. he didn't get himself a chance to get hung on his own words. >> who made the smarter case, prosecution or defense? >> the prosecution did everything they had to do. the real question is who is on the jury, we don't know everyone's personal biases, do they want to convict some...

Grocery store. steve, thank you. >> thank you very much patty -- patti ann. now to stories you can bank on. beginning with facebook's big debut on wall street today. joining us with more on that lauren simonetti on the fox business network. it is breaking records with the ip offering. >> the big facebook public debut on the nasdaq. the company's price earlier than expected at the high end of the range $38 a share. you need to know that raises 18.4 billion for the company. as you can see here that makes it the second biggest ipo in u.s. history right behind visa and ahead of general motors. $...