Detailed text transcripts for TV channel - MSNBC - 20120522:15:27:00
Like an overhyped movie that can't possibility meet expectations, facebook's ipo continuing to disappoint. it opened at 38 bucks a share. within minutes jumps to $45. but by the opening of day two, facebook trading at $36 a share. and this morning, opening the day with bids that dipped to $31 within seconds. and that's below the opening price. cnbc's brian shactman joins us to talk about this. a lot of analysts saw this coming. is this -- in putting it all into perspective, truly to fair to say a facebook flop?
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