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Facebook Sets IPO Price Range

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  • Description

    FBN’s Nicole Petallides on Facebook’s IPO and its impact on the markets.

  • Duration 1:31
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Haven't off throughout the hours it's exciting you know when that when the market is down you look for any kind of good excitement this exciting news a -- move other stocks that's why we Begin with -- -- -- he's.

At the New York Stock Exchange that won't tell us what kind of excitement this is in general.

What you're looking at FaceBook here -- you're looking at the IPO everybody's getting ready for this obviously brings a great.

Psychology of the market when you bring not a big IPO like that of course is disappointment here in New York Stock Exchange but it's not -- -- -- gold leafed through.

But at the same time it does bring.

Retail investors regular investors mom and pop acts in the markets and that ultimately it'll.

Yeah stock following the last hour of trading and news regarding this CEO that's quite a story what is the latest there.

Well we've been looking gotten very closely right we know that the CEO Scott Thomson attendants don't know the question was whether or not.

He had an accounting and computer science degree -- and it turns out that he didn't and that's what does demo was saying exactly and that was the point.

Pentagon and came out and said -- -- -- -- actually doesn't have a computer science degree and let's just get this one died when we're thinking arguing you take it you attack it get done.

The stock moved to the downside on the name.

Sorry who doesn't had -- -- I don't know that everybody ran out of every one Nicole let's move on so loyal.

I think it's good news when oil falls like this has been up so why.

Down about two and a half percent.

How is that affecting energy stocks why -- -- like it's getting those names -- oil have a really excellent week.

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