Mark Zuckerberg Rang the Bell. Facebook’s founder, head honcho, and Grand Poobah Mark Zuckerberg officially opened the day’s trading by ceremoniously ringing the bell to signal the start of trading.
Facebook Opened at $42.05. Facebook opened at just more than $42 a share, but dipped shortly after. [Forbes]
Zynga Got Crushed. Zynga is a social media company that generates most of its revenue through Facebook. NASDAQ halted trading on its stock twice today when it dropped more than 10 percent in a five-minute span. Ouch. [CNN Money]
There Was a Delay in Reporting Trades. NASDAQ is investigating a glitch that caused a delay in the reporting of Facebook trades. [WSJ]
It Closed $4 Down. According to NASDAQ’s real-time stats, Facebook closed at $38.06. [VB]
Facebook may not have impressed many people with its first day of public trading, but, at the end of the day, it was still the third-biggest IPO ever and Mark Zuckerberg is still rich enough to higher Andy Samberg to impersonate him whenever he wants.