Thursday, May 17, 2012

Facebook IPO

  • NEW YORK—Facebooks initial public offering of stock is one of the largest ever.
  • (Denver Post)
  • NEW YORK - Facebook says it has priced its initial public offering of stock at $38 per share. Thats the high end of its expected range of $34 to $38. It means investor demand is strong for the worlds largest online social network.
  • (Philadelphia Daily News)
  • (CNN)-- Flush with cash and drunk with power after its $100 billion IPO, Facebook could be caught secretly brainwashing millions of new users into signing up (mind-control hoodies, anyone?) -- and still I might not quit the worlds largest social network.
  • (CNN)
  • [Related: Facebook IPO News] A Facebook spokesman said the Menlo Park, Calif., company constantly tries new features.
  • (Yahoo Finance)
  • You need to enable Javascript to play media on Bloomberg.com Goldman Sachs Group Inc. (GS) and funds managed by the firm raised $1.09 billion selling stock in Facebook Inc.
  • (Bloomberg)
  • Facebook the worlds largest social network, is poised to write history Friday when it makes its stock market deb -- Nah, just kidding this isnt that type of story.
  • (Huffington Post)
  • (AT A GLANCE: Facebook IPO Prices At $38/Share, published at 5:32 p.m. EDT, misstated the age of Mark Zuckerberg. The correct version follows.) THE EVENT: Facebook Inc.
  • (NASDAQ)
  • SAN FRANCISCO – Facebook is about to burst out of the IPO gate Friday, with a blistering initial public offering that is expected to raise billions — not to mention the eyebrows of some investors on Wall Street.
  • (USA Today)
  • NEW YORK — Taking a company public isn't as simple as collecting Facebook friends. Even if the company is Facebook. When the social media company's stock starts trading Friday under the symbol FB, buyer demand is expected to explode.
  • (Syracuse Post-Standard)

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