Facebook’s performance on Wall Street has investors wondering: What’s not to like? After the social network’s stock fizzled on Friday in its long-awaited debut, its stock fell 11 percent on Monday, even as the rest of the stock market rallied. The benchmark Dow Jones industrial average on Monday rose 135 points, or 1.1 percent, to 12,504.48. The S&P 500 rose 21 points and the Nasdaq jumped 68. Futures trading suggests a slightly lower open.
- Roben Farzad, Bloomberg Businessweek writer