A gathering between Attorney General Jeff Sessions and top state law enforcement officials took place on Tuesday to discuss the ways the government can protect the privacy of social media users. (more…)
[heading]Did You Get Screwed In An IPO?[/heading]
USA TODAY reports that regular joe schmoes of the investing world are getting screwed on the crashing value of recent IPOs. Privileged investors, who enter into the shares early, are contrarily winning big.
There have been 41 initial public offerings in the last year, with stocks such as Twitter, Noodles and Sprouts Farmers Market taking their businesses public. In each of these cases, privileged investors who bought shares at the so-called offering price are sitting on massive profits. Most individual investors, however, are suffering massive losses. (more…)