Every time, Facebook looked like it would break below the $38 a share initial price, millions of bids showed up. Coincidence? (Source: http://news.cnet.com/8301-1023_3-57437409-93/how-facebooks-bankers-saved-an-ipo-kept-shares-above-%2438/)

How Facebook’s bankers saved an IPO, kept shares above $38

Facebook’s IPO was a roaring success — for Facebook. Investors aren’t quite sure what to make of it after Facebook’s underwriters repeatedly stepped in to […]

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