Report: Morgan Stanley Cut Facebook Outlook Just Before IPO
- Wednesday, May 23, 2012, 1:50
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Right around the time that Facebook was increasing the number of shares to be sold in its initial public offering, and the price of those shares, several of the deal’s underwriters were trimming their forecasts for the company’s growth.
http://www.forbes.com/sites/steveschaefer/2012/05/22/report-morgan-stanley-cut-facebook-estimates-just-before-ipo/
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