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So does anyone think that on Monday if Nasdaq stays more stable, Facebook's stock will do better?

• BrentRitterbeck 14y ago
  It's certainly possible; however, today's showing already has some media outlets discussing whether or not the IPO was horribly over-hyped. When you consider that we still have the issues in Europe, growing losses at JP Morgan, and a weak economic recovery hanging over our heads, things don't look too promising for the market as a whole. I can see a high probability of Facebook moving with the rest of the market. That's not investment advice. It's just the way I see things.
• faramarz 14y ago
  I think that's exactly why Facebook announced the Karma acquisition after markets closed Today. Since there won't be any underwriter protection to keep the price at above $38 on Monday, I believe Facebook timely released the acquisition news to open Monday in favorable terms.
  • ArchD 14y ago
    Given the skepticism about the Instagram acquisition, the Karma acquisition could be interpreted either positively or negatively by different investors, couldn't it?
• panarky 14y ago
  It might be the other way around. If Facebook does well, the market will recover. If Facebook has another highly visible stumble, it could trigger a broader sell-off. I know better than to make blind predictions about market prices, but trouble with individual securities has been known to tank the entire market. For example, see http://en.wikipedia.org/wiki/Friday_the_13th_mini-crash http://en.wikipedia.org/wiki/Friday_the_13th_mini-crash .