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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 big ....
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 sto ....
facebook at $100 billion. the most valuable company ever at the time of its initial public offering. and more valuable than citi or mcdonald s. millions hoping it will help them boost their bottom lines this morning. dan simon is live at the facebook mothership in menlo park, california, where workers are marking the occasion by working all night long. seriously, dan, what s up with that? it s 2:00 in the morning here and we re wide awake. they re having a hack a thon, an opportunity for facebook employees to basically do what they do best build, design, create. they do this periodically, an interesting public relations move as we re about to begin the trading of the stock. what they want to do is send a message to the world that they built this company on building stuff. so that s what they re doing. they posted pictures to the website showing what s going on inside some of these rooms. in terms of the fundamental challenge facing facebook in the future, it s exact ....
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 ....
stopped an ambitious al qaeda plot to blow up a passenger jet bound for the united states. a u.s. counter terrorism official tells cnn the explosive device is similar to the one used by the would-be underwear bomber. just like that bomb, there one did not contain metal, which raises real questions about whether it could have gotten passed airport security. as of yet, the person who had developed that bomb had not yet bought a ticket. here s defense secretary, leon panetta. what this incident makes clear is that this country has to continue to remain vigilant against those that would seek to attack this country and we will do everything necessary to keep america safe. fran townsend is cnn s national security contributor, a member of both the dhs and cia external advisory boards. chad sweet is a former dhs and cia official, also the cofounder of the chertoff group, a global security firm. good to see both of you. fran, i know you ve been reporting on this throughout t ....