Updated May. 21, 2012 at 6:50 a.m.

Premium Lock Nasdaq's Facebook fumble: 'This was not our finest hour'

Published: 2012-05-21 06:32:00
Updated: 2012-05-21 06:50:46

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Nasdaq Nasdaq

Computer systems used to establish the Facebook opening price were overwhelmed by order cancellations and updates as the "biggest IPO cross in the history of mankind" was occurring, Nasdaq Chief Executive Officer Robert Greifeld says.

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