Seeking Alpha

FB
Facebook

5/25/2012, 1:55 AM ET
52wk high:
52wk low:
EPS:
PE:
Div Rate:
Yield:
Market Cap:
Volume:
FB Market Currents more »
  • Thursday 6:15 PM Facebook (FB) paid over $80M to buy social gifting app developer Karma, sources tell Bloomberg Businessweek. Karma, whose purchase was announced on IPO day, could help Facebook finally turn e-commerce into a meaningful revenue stream, courtesy of affiliate fees on recommended purchases. Given the challenges Facebook's ad business is dealing with, many are hoping e-commerce turns into major a growth opportunity.
    Comment!
    [Tech, M&A]
  • Thursday 1:51 PM Mark Cuban discloses he bought 150K Facebook (FB) shares at $33, but says the purchase is a trade, not an investment. Cuban also provides downbeat commentary about Facebook and its disappointing IPO: he predicts the offering will further discourage retail investors from participating in the market, and joins Jim Cramer in predicting mobile usage is bad news for the company. He also sees mobile's monetization challenges as a problem for Google (GOOG) and other online ad sellers.
    10 Comments
    [Tech, Quick Ideas]
  • Thursday 1:33 PM Facebook (FB +1.1%) is set to unveil a standalone photo-sharing app called Facebook Camera. The product of Facebook's photos team, the app doesn't feature any Instagram integration (the acquisition is still being reviewed by the FTC), but it does borrow heavily from the startup, and drives home the extent to which Facebook saw it as a direct rival. Facebook's mobile use is soaring, though this brings with it some monetization challenges.
    Comment!
    [Tech]
  • Thursday 9:15 AM The WSJ details how one of the institutional investors that was notified by an underwriting bank of cuts to Facebook (FB) estimates, Capital Research & Management, decided not to invest in the IPO as a result. It's added that while such selective disclosure is normally illegal, it isn't for IPOs, due to laws that prevent analysts at underwriting banks from issuing research until 40 days after shares begin trading. FB +1.8%. (previous)
    1 Comment
    [Tech, Financials]
  • Wednesday 7:14 PM Clobbered over the last week due to Facebook's (FB) less-than-stellar IPO, GSV Capital (GSVC +4.9%) is now trying to downplay its Facebook exposure. Facebook only makes up 4% of GSV's overall holdings, says CEO Michael Moe, and 2013 IPO candidate Twitter is actually the company's largest position. Meanwhile, fellow Facebook owner SVVC has seen its price fall below its net asset value.
    1 Comment
    [Tech, Financials]
  • Wednesday 7:03 PM Jim Cramer suspects Facebook's (FB +3.2%) reported guidance leak to analysts is the result of its May numbers being "really bad." His reasoning: Facebook is seeing a rapid shift in user activity from PCs to mobile devices, and mobile monetization remains very limited for now. (more on FB)
    1 Comment
    [Tech]
  • Wednesday 3:49 PM Facebook (FB) is considering a proposal from the NYSE for the company to list its stock there, reports Reuters, citing a source familiar with the situation.
    Comment!
    [Tech, Breaking News]
FB in Focus more »
FB Press Releases and Filings more »
FB Latest Transcript more »
Currently, there are no transcripts for FB.
FB Instablog posts more »
  • Morgan Stanley's Gorman Said To Join Facebook Price Call-Bloomberg
    Thu, May 24 • Tim Travis • Comment!
  • Social Media Companies Compared
    Thu, May 24 • OTCShowcase • Comment!
  • Is Currency Trading For You?
    Thu, May 24 • sngerge • Comment!
  • Facebook (FB) Would Have A Bearish Chaikin Power Gauge Rating
    Wed, May 23 • Marc Chaikin • Comment!
  • Market Education Of The Facebook IPO
    Wed, May 23 • Tradeplay • Comment!
Write a post on FB
FB StockTalks
FB vs. ETF Alternatives
Company Description

Facebook is a social networking website that enables you to share the things you care about with the people you care about. You can publish your ideas, opinions, pictures and activities to your friends, family, colleagues or the world. We believe that Facebook gives every person a voice—an... More

Sector: Technology
Country: United States