The glitch was also an anomoly to the nasdaq system as the typical ipo behavior was usually to buy up shares. Rather in FB's case, there was a flood of order c

The glitch was also an anomoly to the nasdaq system as the typical ipo behavior was usually to buy up shares. Rather in FB's case, there was a flood of order cancellations (in response to the news) entering the system that would reset the ipo book, preventing the ipo from going off.