Markets & Finance

Facebook's IPO Chill

Facebook's IPO Chill

The amount of money raised in initial public offerings last quarter dropped to $21.3 billion, the second-lowest level since the financial crisis. Among the factors: concerns about a slowing global economy and investor wariness after Facebook (FB) lost about half its value following its IPO in May.

Spears is a reporter for Bloomberg News.

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Companies Mentioned

  • FB
    (Facebook Inc)
    • $79.88 USD
    • 1.48
    • 1.85%
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