New York – A senior Nasdaq official told customers after the bell Tuesday that the exchange would’ve pulled the plug on Facebook’s IPO if it had known the extent of technical problems, the Wall Street Journal reported.
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The exchange “by no means would have gone forward” with the IPO if it had known the problems would disrupt a “normal trading day,” Eric Noll, the head of transaction services at Nasdaq OMX Group, told brokers on a conference call.
FACEBOOK should be forced to repay every shmedrick who invested in the IPO!
Hindsight is 20/20
i’m happy i shorted the stock !!
Yes, and then Facebook would have every right to sue NASDAQ.
I feel for those who bought facebook stock. So much to invest to make sure that Charlie can post a photograph of his goldfish!