Tag Archives : SEC

Facebook Stock Drops Below $20 After Pre IPO Disclosure Reports

Facebook Stock Drops Below $20 After Pre IPO Disclosure Reports

Facebook stocked opened at US $19.93 a share on Wednesday and saw a low of US $19.45 after a report about Facebook resisting  attempts  by the U.S. Securities and Exchange Commission to disclose more about the advertising revenues from mobile. A Bloomberg News article  talks about letters between Facebook and the SEC’s corporation finance division, which oversees what publicly traded companies [...]
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