The Facebook IPO was marred by trading delays and glitches at the Nasdaq, and the stock has traded below the offer price of $32 a share this week.
Facebook may also soon enter First Trust US IPO Index Fund (NYSEArca: FPX). IPOs are eligible for the ETF’s tracking index only after trading for at least six days. Stocks are held for as long as 1,000 trading days. [IPO ETF Won’t Catch First-Day Surge]
Global X Social Media Index ETF
