Facebook IPO, Day 2: What happens next?

Facebook stock trading under the ticker symbol “FB” went on sale last Friday at $38 a share. At the end of the trading day, the stock price ended just about where it started at $38.23 which left many investors wondering what went wrong.

The trading did not go as analysts predicted, some calling the latest IPO a “flop” and those hoping to “get rich quick” were left disappointed.

Investors were hoping to see a huge boom the following morning but either market forces for the day or over-valued stock kept the the newly traded IPO at its opening price.