All posts tagged 'Memorial Day'

On Memorial Day, remember those who served in the military

Memorial Day

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!

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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.

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