Equity Trading Round-Up by Unknown

Author:Unknown
Language: eng
Format: epub
ISBN: 9783030510152
Publisher: Springer International Publishing

2Facebook IPO: What the %$#! happened? Julianne Pepitone, CNNMoney, May 23, 2012. http://​money.​cnn.​com/​2012/​05/​23/​technology/​facebook-ipo-what-went-wrong/​index.​htm

3This BATS IPO was scrapped after a software glitch sent its shares plunging a fraction of a cent within seconds of the attempted IPO on March 23, 2012.

“The initial public offering of a computerized stock exchange turned into a major debacle on Friday as a software glitch sent its shares plunging to a fraction of a cent in a matter of seconds, leading it to scotch the IPO.

BATS attempted the launch on its stock exchange, but the company aborted the IPO after a technical glitch caused an infinite loop that overloaded a server and sent share prices tumbling.”

Trading Firm IPO Fizzles in Seconds. Apple Shares Also Affected as Glitch Mars Debut of BATS Global Markets. Tom Lauricella, Scott Patterson and David Benoit. Wall Street Journal. March 25, 2012

https://www.wsj.com/articles/SB10001424052702304636404577299560502440118

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