Friday, May 18, 2012

Facebook IPO: Why You Shouldn't Buy Facebook Stock Today ...

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Facebook IPO: Why You Shouldn't Buy Facebook Stock Today ...
May 18th 2012, 21:43

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By on Friday, May 18, 2012

(MoneyWatch) Today is the Facebook (FB) coming out party. The IPO price of $38 a share means the company is worth $104 billion, the biggest-ever valuation by an American company at the time of its offering and the second-largest US IPO ever behind Visa

Facebook will be the largest tech IPO in history today as the company and its early shareholders raise about $16 billion at the final price of $38 a share. There is also an allotment for them to sell up to $2.4 billion more in the

Facebook announced on Thursday afternoon that it has set the price of its initial public offering.

Facebook stock will begin trading on the Nasdaq Friday with the ticker symbol "FB." Full coverage of Facebook at Tech Talk MoneyWatch: Facebook prices IPO at $38 per share The weeks leading up to Friday's opening bell have certainly been eventful

Facebook will be the largest tech IPO in history today as the company and its early shareholders raise about $16 billion at the final price of $38 a share. There is also an allotment for them to sell up to $2.4 billion more in the

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