FB Gives Up Some Gains as Investors Sue, Senate Calls for Probe
Posted on May 23, 2012 at 12:53 PM EDT
Shares of Facebook (FB) are up 78 cents, or 2.5%, at $31.78 as the pressure continues to mount over the company’s IPO last Friday. The stock has retreated from a high of the day of $32.50. CNBC is reporting that the Senate Banking Committee has called for an investigation of the offering. And Reuters‘s Dan [...]