Although Facebook was scheduled to go public at 11:00 a.m. ET on Friday, it didn't officially hit the stock market until a half an hour later. A rep from Nasdaq declined comment on the issue.
[More from Mashable: Mark Zuckerberg Worth $21 Billion on Facebook IPO Debut]
Facebook started trading at $42 a share under the symbol “FB,” bringing the company's worth to $116.6 billion. However, shortly after the stock made its debut, the price began falling to close to $38, its opening share price.
[More from Mashable: 5 Ways Facebook’s IPO Affects Brands]
The IPO was hit with a series of delays. The Wall Street Journal wrote on Twitter that traders were experiencing problems with changing and cancelling orders due to a high-volume rush, which pushed the launch back about 30 minutes.
?? RT @jgrprinceton: Hearing that 2 large market makers lost access to Nasdaq. May be one of the reasons. Over 70m shares to cross on open
— Heidi N. Moore (@moorehn) May 18, 2012
Others also took to Twitter to note that they couldn't get onto E*Trade.
— Mike Rotman (@mikerotman) May 18, 2012
Are you planning to buy Facebook stock? Are you having problems accessing trading sites? Let us know in the comments.
This story originally published on Mashable here.