Today, many of us will be enjoying a long weekend, possibly punctuated by picnics, barbecues, and other activities.
But don't forget to take a moment to appreciate the men and women who have passed on while serving in the U.S. military. That's what the day is actually for, after all.
See you tomorrow!
Facebook IPO Stumbles
Late last week, Facebook made history when it hit the Federal Stock Exchange by pricing its stocks at $38 a share, which raised $16 billion in the third biggest IPO in U.S. history and the largest by a technology company. The IPO also values Facebook at a whopping $104 billion, the largest ever valuation for a newly public company.
Ok, now I am not going to pretend to know what any of that previous paragraph means, but I do know one thing: Mark Zuckerberg and company may have overvalued themselves. Over the past week, the talk of the business world was that because of the overvaluation, shareholders have already lost over $100 million. Not good, hence the thumbs down.
Memorial Day weekend is coming up in a few days. Ah, three days off! Of course, there is more meaning behind the holiday than just an extra day away from work or school. It began as a number of regionally-organized remembrances of Civil War dead in both the North and South, but eventually coalesced into a single day to remember those who sacrificed their lives in all wars. A 1968 Act of Congress made the holiday the final Monday in May. A number of civil war re-enactments also take place during the weekend.
Besides honoring the fallen, the day is traditionally seen as the unofficial start of summer, and is marked with parades, a celebratory atmosphere, and plenty of barbecued meat.
It's also a time for families to get together, re-unite, and do something together. So in case you don't already have enough to do, what with barbecuing and parades, be sure to check out some events that are happening during the weekend. We chose some family-friendly events that everybody can enjoy together!
The annual Indianapolis 500 will take place this weekend. This event is a Memorial Day weekend classic, taking place on or near the holiday since the first one was held in 1911. Additionally, a number of MLB games will play this weekend, including San Diego at the Mets, Detroit at Minnesota, St. Louis at Atlanta, Washington at Miami, and Yankees at Angels.
Finally, the NBA and NHL regional playoffs are in their final stretches, and depending on how things play out this week, they may have games this weekend. The potential match-ups for the NBA include game sevens for the Pacers/Heat and 76ers and Celtics on Saturday, and Lakers/Thunder on Sunday. The NHL match-ups are game sevens for the Coyotes/Kings on Saturday and Rangers/Devils on the 27th.