NASDAQ "embarrassing" via Facebook delay

11:00 PM delay, embarrassing, Facebook, NASDAQ No Comments

The CEO of the NASDAQ Exchange says it "is humbly embarrassing" his botched Facebook's eagerly awaited debut as a joint-stock company on Friday.

Robert Greifeld said there are media no signs the delay the underwhelming performance of Facebook's helped Commons, which at $38.23 end - 23 cents above where it started.

Expected to start share Facebook but not open at 11 A.m. until 11: 32, and some investors learn not for hours, if their business was going through.

Greifeld called "successful" the first day of trading the company. He said end of order cancellations caused an error, according to reports published Sunday. He said the NASDAQ Board Saturday met and plans of his auction IPO process to change.

The Securities and Exchange Commission has said that it examined.



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