Tomorrow Facebook turns one year old on the stock market. And the maximum fine imposed by the SEC imposed on the Nasdaq Omx precisely because of the debacle of its initial placement on the Stock Exchange is becoming increasingly certain. The news was released by the Wall Street Journal.
The hi-tech stock exchange is expected to agree to pay $XNUMX million for Facebook's initial placement debacle a year ago, when its systems crashed and the paralysis of trading orders cost numerous banks and brokers huge losses. This is only the second fine of this type in the history of the SEC.
One year after its listing on the Stock Exchange, the Facebook stock remains below the placement price of 38 dollars. It fails to take off and investors' fears about a growing defection of younger users are growing day after day. While there are no official statistics, many believe the under-25s are suffering what has been dubbed “Facebook fatigue” in favor of other services like Twitter and WhatsApp.
