Facebook’s CFO BLAMED For IPO Tank and 4 Hot Stocks Trading Today
Facebook, Inc. (NASDAQ:FB): This morning, Andrew Ross Sorkin decided to point his finger and all of the attention at Facebook CFO David Ebersman. Facebook has lost $50 billion since its IPO three months ago. Sorkin maintains that it is Ebersman ‘s fault. Sorkin begins his column: “It is David Ebersman’s fault. There is just no way around it.” Shares of Facebook, Inc. are trading 1.66% lower today.
Alexandria Real Estate Equities Inc. (NYSE:ARE) announced a lease transaction for nearly 75,000 square feet with the National Institutes of Health’s National Center for Advancing Translational Sciences at Alexandria’s Shady Grove Life Sciences Center located in Rockville, Maryland. The 15-year lease will expand the NIH’s current presence at Alexandria’s translational life science campus to about 135,000 square feet. Shares of Alexandria Real Estate Equities Inc. are trading 0.47% higher today.
Toyota Motor Corporation (NYSE:TM): Toyota RAV4 EV was described as more electrifying with Tesla motor by the NY Times. Shares of Toyota Motor Corporation are trading 0.89% lower today.
Dell (NASDAQ:DELL): Small TV stations are faced with a tough time with competition with cable and the Web, but a few investors have been snatching them up, believing that there will be a surge in the value of their airwaves. Investors that includes Michael Dell’s MSD Capital LP and Fortress Investment Group (NYSE:FIG) among the buyers, the Wall Street Journal says. Shares of GMAC LLC are trading flat today.
Apple Inc. (NASDAQ:AAPL): Technology firms Amazon.com (NASDAQ:AMZN), Motorola Mobility (NYSE:MMI), and Nokia (NYSE:NOK) are to announce new hand-held devices all this week, ahead of expectations that Apple is to reveal its next iPhone the following week, according to the Wall Street Journal. Shares of Apple Inc. are trading 1.24% higher today.
Don’t Miss: Apple Points the Gun at This Samsung Super Hit.
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