LifeLock hasn't found much security in the public markets yet.
Shares of the maker of identity theft protection services, which began trading Wednesday under the ticker "LOCK" (LOCK), fell nearly 7% in their New York Stock Exchange (NYX) debut.
LifeLock was poised for an inauspicious kickoff. The company's underwriters priced the 15.7 million shares sold in the IPO at $9 -- below the expected range of $9.50 to $11.50. The IPO generated MOREMaureen Farrell - Oct 3, 2012 11:06 AM ET
Since its botched initial public offering in May, investors have heatedly discussed the following question about Facebook (FB): How low can it go?
After surging last week to a recent high of above $23 a share from its all-time low of $17.55, it looked like the Facebook fans finally had reason to celebrate. But Facebook's stock plummeted more than 9% Monday after an article appeared in Barron's over the weekend which MOREMaureen Farrell - Sep 24, 2012 1:03 PM ET
Nasdaq defended its proposed $62 million compensation plan for firms hurt by its botched IPO of Facebook (FB).
In a letter sent to the Securities and Exchange Commission late Wednesday, Nasdaq (NDAQ) called the payout "fair and equitable."
The exchange operator told the SEC that, by law, it only owes trading firms, or so-called market makers, $500,000 based on SEC limits. "The proposed accommodation pool goes well beyond what is required under current MOREMaureen Farrell - Sep 20, 2012 2:17 PM ET
Real estate search firm Trulia (TRLA) kicked off life as a public company with a bang.
Trulia's stock opened 30% above its IPO price when it started trading on the New York Stock Exchange Thursday morning. It quickly gained momentum, rising as high as $25 (47% above the IPO price).
Late Wednesday, Trulia's underwriters, J.P. Morgan (JPM) and Deutsche Bank (DB), sold 6 million shares at $17 apiece -- above the MOREMaureen Farrell - Sep 20, 2012 11:12 AM ET
Facebook's stock rallied almost 8% and closed at a 1-month high Wednesday, a day after CEO Mark Zuckerberg took an upbeat tone during his first public appearance since the company's botched stock market debut in May.
"I am really optimistic about our mobile monetization strategy," Zuckerberg said during an interview with TechCrunch founder Michael Arrington at the tech blog's Disrupt conference in San Francisco Tuesday.
The CEO cited the social media platform's high volume MOREHibah Yousuf - Sep 12, 2012 4:04 PM ET
Shares of Facebook (FB) rebounded from an all-time low Wednesday, after CEO Mark Zuckerberg said he'd be holding onto his shares for at least a year.
Ever since Facebook went public in May, the stock has struggled to gain traction as investors worry about the social network's mobile strategy and how much pressure will come from the expiration of multiple lock-up periods (when insiders can sell their shares).
But after the market MOREMaureen Farrell - Sep 5, 2012 10:52 AM ET
Facebook really can't catch a break. Shares of the social network hit an all-time low Friday after Bank of America-Merrill Lynch analysts lowered their price target and warned of headwinds for the stock.
It's been a rough summer for Facebook. The company's much-hyped IPO in May fell flat as a pancake after Nasdaq (NDAQ) botched Facebook's opening. Since then, the stock has barely come within spitting distance of its $38-a-share IPO MORECatherine Tymkiw - Aug 31, 2012 1:47 PM ET
Knight Capital, once one of the fiercest critics of Nasdaq's Facebook compensation plan, has done a 180-degree turn.
"We support Nasdaq's efforts to reimburse its member firms for losses caused by Nasdaq's actions and decisions during the first day of trading in FB," Leonard Amoruso, Knight's general counsel, wrote in a letter to the SEC late Wednesday.
No one expected Facebook (FB) to debut at the opening bell on May 18, but MORECatherine Tymkiw - Aug 30, 2012 2:44 PM ET
Nasdaq can't seem to put the Facebook IPO debacle behind it.
Shortly after the botched IPO, Nasdaq proposed a $40 million settlement to compensate brokers who were affected by trading glitches on Facebook's opening day (May 18).
Nasdaq (NDAQ) upped that figure to $62 million in mid-July, and Nasdaq CEO Bob Greifeld called it "definitive" during a July 25 conference call with analysts.
Citigroup (C) and UBS (UBS) have come out swinging. In MOREMaureen Farrell - Aug 23, 2012 12:33 PM ET
Trulia Inc., the company behind real estate website Trulia.com, filed for an initial public offering that is expected to raise as much as $75 million, though the company did not specify how many shares it plans to sell or how they will be priced.
Earlier in the summer, Trulia filed for a so-called confidential IPO thanks to the Jumpstart Our Business Startups, or JOBS Act, which was signed into law in April.
The law allows "emerging MOREHibah Yousuf - Aug 17, 2012 10:39 AM ET
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