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Corporate

Jul. 4, 2012

Wariness settles in following Facebook's IPO

The global market for initial public offerings, down both in volume and value compared to last year, shows little sign of improvement following Facebook Inc.'s flagging share price.


By Kevin Lee


Daily Journal Staff Writer


Troubles with European currency, uncertainty with the American economy and Facebook Inc.'s highly publicized struggles are all reasons why the international market for initial public offerings has lagged in 2012, according to experts.


IPOs are down both in volume and value for the first six months of 2012 compared to the same period last year, according to London-based financial research group Dealog...

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