Thursday, May 17, 2012

Facebook stock

  • Facebook found more than enough friends. The worlds definitive online social network said Thursday that it raised $16 billion for itself and its early investors in an initial public stock offering that values Facebook at $104 billion.
  • (AP - msnbc.com)
  • NEW YORK — Facebook's initial public offering of stock is shaping up to be one of the largest ever.
  • (Washington Times)
  • Facebook's initial public offering, or IPO, hits Wall Street Friday, and is one of the most highly anticipated tech stock offerings of the past decade. Everyone, it seems, wants to be in on the action.
  • (PC World)
  • Others, citing massive demand for its shares, recommend buying early and as much Facebook stock as possible. Another company that can't stop making headlines, in this case bad ones, is JPMorgan Chase.
  • (Forbes)
  • If you're hoping to buy Facebook and expect the stock to be worth eight times its offering price in a few years like Google's was, you'd better think again. Google went public back on August 25, 2004.
  • (Forbes)
  • (CNN)-- Friends may be priceless. But friending is worth $38 a share. Thats what Facebook set as the initial price when its stock begins trading on Wall Street Friday morning.
  • (CNN)
  • (CBS News) Facebook priced its initial public offering (IPO) Thursday after markets closed. The social network will offer 421,233,615 shares of common stock at $38 per share.
  • (CBS News)
  • Facebook has priced its 421,233,615 common shares of stock at $38, and they will start trading Friday morning. But some on Twitter and elsewhere on the Web say the initial price is too high.
  • (Los Angeles Times)
  • Previously, he was the CEO of PayPal and Intuit. For everyone at Facebook, the company's IPO is a moment to take stock of the tremendous value that's been created –- for customers, for the company, and certainly for individual employees.
  • (Mashable.com)

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