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Facebook Trading Below Its Debut Price
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FBN's Nicole Petallides on stocks weighing down the markets.
- Duration 1:08
- Date May 22, 2012
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FBN's Nicole Petallides on stocks weighing down the markets.
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And the markets give us -- little -- again his top of the hour stocks now every fifteen minute -- -- nationally he's.
All right you're watching -- but down 47 is for hold onto those gains from yesterday in the.
Call we're pretty good here and in the big picture is traders were saying don't believe the balance because we did get a bounce yesterday was very nice when -- the Dow up more than 1%.
There was not much volume to support it today once again laying the foundation in the ground -- but you know it doesn't turn.
Doesn't mean you turn around at this bull market we've been selling off for several weeks and but today you are seeing the Dow up about 13 of 1% financials are helping to lead the way so those are some winners talking about.
But on the other hand can take a look here a close look at FaceBook which right now -- and just below the 33 dollar range -- have to diet traded as low was 39.
Came out with -- lowered the revenue numbers what they anticipated for FaceBook and that's certainly puts a damper on things on top of the fact.
That we've just been problematic since that.
Moment it became public so right now -- -- at 335.
-- as -- as -- as low as below the 31 dollar -- sell down again back to you.