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May 21st, 2012 
FAKE NEWS for the Zionist agenda NEW YORK (AP) — Facebook Inc.’s stock will be closely watched this week after the social network‘s market debut on Friday suffered some hiccups.
Facebook, one of the most anticipated initial public offerings in Wall Street history, ended its first day of trading Friday at $38.23 — 23 cents above where it began — when many investors had hoped for a big first-day pop.
There were also issues with trading. Shares opened half an hour later than expected on the Nasdaq, and some investors didn’t learn for hours whether their orders went through or not. The Securities Exchange Commission is now investigating problems traders encountered in changing and canceling their orders.
Facebook’s tepid gain came while shares of other social-media companies tumbled Friday. Facebook is now a bellwether for a range of Internet companies that have gone public over the past year, including Zynga Inc., which makes games including FarmVille and Mafia Wars; professional network LinkedIn Corp.; and local business reviews website Yelp Inc.
Still, the first day of trading marked Facebook as a major presence on U.S. stock markets. At the close Friday, the market value of the world’s biggest social network was about $105 billion, more than Amazon.com, McDonald’s Corp. and Silicon Valley icons Hewlett-Packard Co. and Cisco Systems Inc.
Some analysts see strong potential ahead, which could support the shares this week. Herman Leung of Susquehanna Financial Group started coverage of Facebook on Monday with a “Positive” rating and $48 price target. That means he’s forecasting the stock to gain about 26 percent from Friday’s close.
Leung said that he expects Facebook to make more money from advertisers and marketing companies as its popularity increases in new geographic markets and it improves its platform for advertisers.
Shares of the Menlo Park, Calif., company fell 79 cents, or 2.1 percent, to $37.44 in electronic trading before the market open Monday.
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