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Corporate

Jun. 8, 2012

Report: Facebook may slow IPO market

Less than three weeks into Facebook's tenure as a public company, some deal lawyers are predicting the social networking giant's poor Wall Street debut will usher in a slower than normal summer IPO market .


By Andrew McIntyre


Daily Journal Staff Writer


Less than three weeks into Facebook's tenure as a public company, some deal lawyers are predicting the social networking giant's poor Wall Street debut will usher in a slower than normal summer IPO market - that same market Facebook greatly helped to boost in the early months of this year.


The host of problems in the run-up to the Facebook IPO and subsequent selloff have painted a not entir...

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