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MarketFoolery

MarketFoolery: 05.21.2012

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 21 May 2012

⏱️ 18 minutes

🧾️ Download transcript

Summary

Shares of Facebook and Lowe's tumble. Yahoo! makes a big deal.

Transcript

Click on a timestamp to play from that location

0:00.0

Monday, May 21st, this is Market Flury.

0:05.0

I'm Chris Hill joining me in studio today from Motley Full Pro, Jeff Fisher,

0:08.0

for Motley Full Inside Value, Joe Meager.

0:11.0

Happy Monday, guys.

0:12.0

Happy Monday.

0:13.0

Hey Chris.

0:14.0

We are back. We survived our annual meeting.

0:15.0

We were off for a couple of days last week and we're all, we're all in one piece.

0:20.0

Barely.

0:21.0

Barely.

0:22.0

Yes, we barely survive. I'll try to be coherent today.

0:24.0

Thank you.

0:25.0

Always appreciate that.

0:26.0

We've got Yahoo in the news for reasons that have nothing to do with their CEO office.

0:31.0

We've got some earnings from Lowe lows and some signs that the housing market

0:34.8

in North America may be turning around, but we are going to start with Facebook,

0:39.1

obviously being off last week. We missed the Facebook IPO this morning on just

0:44.0

sounds like we didn't miss much. Yeah I was going to say on just its second day of

0:47.7

trading shares of Facebook down 12 percent. A few threads to to poll here but first let me just start with the IPO let's go

0:56.3

back to Friday obviously we were hard at work at our company meeting up in Baltimore

1:01.2

but we were I think keeping an eye on on the IPO and you

1:06.7

look at the media reports the shares basically ended just slightly above

...

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