Friday, May 18, 2012

Facebook stock price

  • But I dont think we should view it as a failure. Indeed, the small jump in price could be seen as an indication that Facebook and the investment banks that arranged the IPO priced the stock in an appropriate range.
  • (Seattle Times)
  • Still, from Facebooks perspective, the stock performance could be seen as reflecting smart pricing: Zuckerberg and early investors pocketed maximum gains and left little of the easy money on the table. You want to price the offering correctly.
  • (Yahoo Finance)
  • The stock then recovered as IPO underwriters stepped in to support its price, according to reports. Facebook's share price eventually finished the day at $38.23. (You can track the performance of Facebook's stock price here).
  • (msnbc.com)
  • After years of anticipation, months of preparation and weeks of frenzied hype, Facebooks shares barely budged Friday in their Wall Street debut. From an initial public offering price of $38, its stock began trading at $42.
  • (Contra Costa Times)
  • Facebook's chief executive officer sold 30.2 million shares of the Menlo Park, California-based company for $1.15 billion at the offering. Most of the proceeds will be used to pay taxes associated with exercising 60 million stock options.
  • (Bloomberg)
  • After a delayed start to trading, Facebooks shares spent much of the day struggling to stay above the $38 IPO price - and ended with just a 23-cent gain.
  • (msnbc.com)
  • Indeed, the small jump in price could be seen as an indication that Facebook and the investment banks that arranged the IPO priced the stock in an appropriate range.
  • (Miami Herald)
  • They were there to watch Zuckerberg mark the opening of trading on the Nasdaq Stock Market -- an event to give back to the community.
  • (Bloomberg)
  • but Josh Wallace was optimistic about Facebook's stock. "If you can get in at that price, it's going to go nowhere but up. It's the age of today, so get in while you can," he said.
  • (msnbc.com)
  • At that price, the 503.6 million shares and options Zuckerberg Most of the proceeds will be used to pay the taxes associated with exercising 60 million stock options. Facebooks $104.
  • (Yahoo Finance)

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