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Transcripts For CNNW Erin Burnett OutFront 20120522

good evening, everyone. i m erin burnett. outfront tonight, facebook face down. here are some of the headlines. the drudge report calls it fadebook. the wall street journal s headline tonight bankers under fire as facebook slips. bloomberg zuckerberg s fortune falls $2.2 billion as facebook drops. to put imi hype, at least not yet. but look at this. facebook s stock fell as low as $33 at one point today. that s down 11% in one day. the company has lost $40 billion in market capitalization since it opened. now that sounds like a lot of money. it is. i looked it up. here s the context nap amount of money is the equivalent of losing the entire companies of hewlett-packard and clorox in a day. poof, gone. the road doesn t end there. nasdaq s ceo says he s embarrassed by the technical glitches that delayed the stock s debut on friday. the glitches kept some traders in the dark for more than two hours. one man with a lot of advice for mark zuckerberg is steve kates, former

Transcripts For CNNW Erin Burnett OutFront 20120522

was it fair? let s go outfront. good evening, everyone. i m erin burnett. outfront tonight, facebook face down. here are some of the headlines. the drudge report calls it fadebook. the wall street journal s headline tonight bankers under fire as facebook slips. bloomberg zuckerberg s fortune falls $2.2 billion as facebook drops. to put it mildly, one of the most highly anticipated offerings in american market history hasn t lived up to the hype, at least not yet. but look at this. facebook s stock fell as low as $33 at one point today. that s down 11% in one day. the company has lost $40 billion in market capitalization since it opened. now that sounds like a lot of money. it is. i looked it up. here s the context nap amount of money is the equivalent of losing the entire companies of hewlett-packard and clorox in a day. poof, gone. the road doesn t end there. nasdaq s ceo says he s embarrassed by the technical glitches that delayed the stock s debut on friday. th

Transcripts For CNNW Erin Burnett OutFront 20120521

let s go out front. good evening, everyone. i m erin burnett. out front tonight, facebook face down. here are some of the headlines. drudge report calls it fadebook. the wall street journal s headline tonight bankers under fire as facebook slips. bloomberg zuckerberg s fortune falls $2.2 billion as facebook drops. to put it mildly, one of the most highly anticipated offerings in american market history hasn t lived up to the hype, at least not yet. but look at this. facebook s stock fell as low as $33 at one point today. that s down 11% in one day. the company has lost $40 billion in market capitalization since it opened. now that sounds like a lot of money. it is. i looked it up. here s the context nap amount of money is the equivalent of losing the entire companies of hewlett-packard and tlor rocclo day. poof, gone. nasdaq s ceo says he s embarrassed by the technical glitches that delayed the stock s debut on friday. the glitches kept some traders in the dark fo

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