The platform on which technology stocks are traded is negotiating with the SEC to reach an amicable settlement: according to the Wall Street Journal, it is heading towards a $5 million fine - The overvaluation of Facebook would have cost Wall Street about 500 million .
Facebook's IPO flop risks costing the Nasdaq dearly, which, according to reports from the Wall Street Journal, is negotiating with the SEC to reach an amicable agreement: likely a $5 million fine, or 1% of the costs due to the overvaluation of Mark Zuckerberg's social network, which are around 500 million dollars.
The value of the Facebook share, in fact, fails to recover, remaining very far from the placement price, at 28,64 dollars against the 38 at which it was quoted in the list.
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