Facebook's IPO Status Update

The popular social network’s disappointing first-quarter earnings report suggest that its initial public offering may not be a sure thing.

Editor's Note: This story has been updated since its original publication to include Facebook's official initial public offering date.

The layup that was Facebook's initial public offering is no longer a sure thing.That's the most obvious conclusion to be gleaned from Facebook's just-released first-quarter financials, the company's final results before the IPO, expected in mid May.

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Jennifer Schonberger
Staff Writer, Kiplinger's Personal Finance