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Facebook (FB) Kills Tech Bubble As Investors Weep

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HFA Staff
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Facebook (FB) Kills Tech Bubble As Investors Weep

Facebook Inc (NASDAQ:FB) held its IPO last week to investor frenzy followed by a sharp pang of disbelief and regret. The most anticipated IPO in recent history is now a day that investors will never forget. Between trading difficulties and accusations of misdoings by both Morgan Stanley (NYSE:MS) and Facebook itself Friday was a bad day for the market and the social media company. Monday was worse.

Shareholders who were burned by the deal feel betrayed by those who advised them into it, particularly if their money was under management at Morgan Stanley. A less talked about but equally...

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