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Facebook / Meta

26 Views • Created May 24, 2012 By NMAWorldEdition • Updated March 23, 2023

Created By NMAWorldEdition • Updated March 23, 2023

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Facebook IPO: did underwriters selectively disclose poor earnings information?

Origin Entry: Facebook / Meta
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SUBSCRIBE to Next Media Animation: http://www.youtube.com/subscription_center?add_user=NMAWorldEdition As Facebook officials were busy hyping the company's $16 billion IPO, the company quietly told its underwriters Morgan Stanley, Goldman Sachs and JPMorgan to scale back 2Q earnings estimates.

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