Tagged: Stock Market

If you're a casual observer of the stock market, the last time you tuned in to what was happening with Facebook's stock was probably last May.

In those days after the company's long-anticipated initial public offering, its price was diving daily — exactly the opposite of what many had expected given the hype leading up to Facebook's IPO.

The IPO itself was full of technical problems — many buyers weren't sure if their orders went through. And then there were questions about whether Facebook could figure out how to make money in its fastest-growing segment — mobile.

Update at 4:50 p.m. ET. AIG Board Confirms Its Stance:

Alcoa, the biggest aluminum producer in the U.S., has announced it posted a profit of more than $240 million in the last three months of 2012. That's a big improvement from the same quarter the year before when it lost $190 million.