US banking giant Citigroup paid a $2 million fine to a state regulator and fired a junior analyst over a probe into leaks of confidential information on Facebook's public offering.
Facebook founder Mark Zuckerberg said Tuesday the social network giant is focused on mobile devices and should be seen as a smart bet despite a "disappointing" stock market debut.
If you bought Facebook shares in the May IPO and held onto them, by Monday morning you would have lost more than half your investment -- and not see any encouraging signs of making your money back.
Shares in legendary football club Manchester United closed below their IPO price for the first time Thursday, as apparent price support efforts gave out after five days of trade.
Britain's world-renowned football club Manchester United slashed the price of its US share launch, cutting the amount it was raising in Friday's IPO to $233 million from a hoped-for $300 million or more.