Is Facebook Really to Blame Here?

Updated

In today's edition of "Talking Stocks," Austin covers what has quickly become one of the market's most hated stocks: Facebook. Many investors are saying that Facebook has forever tainted the well for tech IPOs, and are pointing at Kayak's decision to push back their public debut as evidence of this.

But is Kayak really a victim here, and is it really Facebook's fault? Austin thinks otherwise. Sure, Facebook didn't help Kayak's case, but there are other influences here as well. There is Morgan Stanley, a track record of recently botched tech IPOs, the competitive landscape they'd be entering into, and the fact that the company has dragged its feet by having their IPO documents on record four times longer than the average company. Ultimately Kayak not wanting to go public in the wake of the Facebook disaster may have some influence here, but it really just seems like the straw that broke the camel's back.

Now that Mark Zuckerberg has fallen from the billionaire's list, they've got a spot open. He may have hung onto his seat if he read our tech analysts' latest report: "Forget Facebook -- Here's the Tech IPO You Should Be Buying." Learn about the social media company that could actually make you rich. Just click here now.

At the time thisarticle was published Austin Smith has no positions in the stocks mentioned above. The Motley Fool owns shares of Facebook, Google, Priceline.com, and TripAdvisor. Motley Fool newsletter services recommend Google, Priceline.com, Travelzoo, and TripAdvisor. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Advertisement