Reuters
Business
Minute by minute, Nasdaq chaos engulfed Facebook IPO
Sat, May 26 14:32 PM EDT

By Rodrigo Campos and John McCrank

(Reuters) - Dead silence.

For nearly 20 minutes on the morning of Facebook Inc's trading debut last Friday, the line Nasdaq had opened up to keep traders informed about the social media company's $16 billion IPO had been mute. Well after the stock was supposed to have opened at 11 a.m. New York time, no one from Nasdaq was talking - and there was still no sign of trading.


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