The blue chips fall 74 after the government says fourth-quarter growth is 2.8%; Wall Street was expecting 3%. Facebook may file for its IPO next week. Ford, Chevron and Starbucks drop on earnings letdowns.
Newly listed companies are often among the market’s best performers. Here are some small-cap names with solid support since their debuts.
The innovative mobile gaming company has room to run.
Gogo aims to raise $100 million in an offering to help it expand operations.
Even as Michael Kors and Zynga go public, all eyes are on a bigger offering.
Perhaps the IPO was not as highly anticipated as we thought. Investors didn't think the stock was worth more than its IPO price.
The market's loss is its first in three weeks. The Dow rises nearly 100 points but ends down slightly on worries about Europe. Zynga closes below its IPO price. Research In Motion slumps. Crude oil and gold rise slightly.
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All hail the bull market, which ended the week with a big rally. But it also is starting to look a little like 1987, which suffered an epic blow-out.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.