Although Facebook's initial public offering hurt investors and the social network's share price, there appears to be another victim of its troubles.
The Wall Street Journal is reporting today, citing sources, that online travel site Kayak decided against holding its "roadshow" with would-be investors around Memorial Day as planned, due to issues with Facebook's IPO. The Journal's sources say that Kayak is trying to determine the willingness in the investment world to drop cash into another Internet IPO.
If investors are concerned, it wouldn't be such a bad idea. Over the last year, … Read more