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Transcripts For CNNW Erin Burnett OutFront 20120518

the reason, in part, a continuing fear about greece. so tonight the big question is will the late-breaking news from facebook be enough to turn the mood of america? facebook will begin trading for the first time ever tomorrow morning. so it priced tonight at $38 for a single share. when you add it altogether, it is the biggest ipo in american history. the facebook obsession in this country reminding us of the 1983 classic movie trading places. i remember ipos like that. all right. there are a few trading floors left. computers have replaced the conventional pit mostly, but when trading begins tomorrow at 11:00 a.m. for facebook, and it s going to happen at 11:00, about an hour and a half after the market opens, because computers aren t like people. it s going to take them longer to figure out the right price. there will be a frenzy of trading going on. the stock, $38 for a single share. it is the biggest ipo in this country s history. twice in size of the second biggest o

Transcripts For CNNW Erin Burnett OutFront 20120518

the market plunged today to its lowest level since january. the reason, in part, a continuing fear about greece. so tonight the big question is will the late-breaking news from facebook be enough to turn the mood of america? facebook will begin trading for the first time ever tomorrow morning. so it priced tonight at $38 for a single share. when you add it all together, it is the biggest ipo in american history. the facebook obsession in this country reminding us of the 1983 classic movie trading places. [ buzzer ] i remember ipos like that. all right. there are a few trading floors left. computers have replaced the conventional pit mostly, but when trading begins tomorrow at 11:00 a.m. for facebook, and it s going to happen at 11:00, which isn t when the market opens, about an hour and a half after the market opens, because computers aren t like people. it s going to take them longer to figure out the right price. there will be a frenzy of trading going on. the stock, $3

Transcripts For CNNW Erin Burnett OutFront 20120517

i m erin burnett. outfront tonight, breaking news. the market plunged today to its lowest level since january. the reason, in part, a continuing fear about greece. so tonight the big question is will the late-breaking news from facebook be enough to turn the mood of america? facebook will begin trading for the first time ever tomorrow morning. so it priced tonight at $38 for a single share. when you add it altogether, it is the biggest ipo in american history. the facebook obsession in this country reminding us of the 1983 classic movie trading places. i remember ipos like that. all right. there are a few trading floors left. computers have replaced the conventional pit mostly, but when trading begins tomorrow at 11:00 a.m. for facebook, and it s going to happen at 11:00, about an hour and a half after the market opens, because computers aren t like people. it s going to take them longer to figure out the right price. there will be a frenzy of trading going on. the stock,

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