Facebook: IPO Day Falls Flat, But Why (video)

David Lazarus, consumer columnist at The Los Angeles Times, has a great analysis of why Facebook’s IPO today opened at $38 and closed at around the same price. Well done.

Video: The Los Angeles Times

Disclosure: Gina Smith is a former technology columnist at The Los Angeles Times.

About the author

Gina Smith

Gina Smith is a New York Times bestselling author and an award-winning journalist. A former correspondent for ABC News, Gina is the co-founder and editorial director of aNewDomain Media. Email Gina at gina@anewdomain.net and find her on Twitter @ginasmith888