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Facebook Inc. (FB) hovered near the initial public offering price in its trading debut, following a record IPO that made the social network more costly than almost every company in the Standard & Poor’s 500 Index. (SPX)
This infographic displays the transfer of share ownership after Facebook goes IPO. We also take a look at some of Facebook’s astounding numbers surrounding their recent performance as a social networking giant.
Facebook shares will start trading at $38 tomorrow, the company confirmed in a release , giving it a valuation of $104.12 billion.
When Facebook filed for its initial public offering (IPO) , I wrote Facebook's IPO by the numbers . This is an updated post to that article.
After the weeks of private equity dealmaker palm rubbing and investor anticipation that preceded it, Facebook’s IPO on Friday was something of an anticlimax.
The underwriters of Facebook’s $16 billion debut on NASDAQ fought to the finish to keep the company’s shares above last night’s final price of $38 a share. Shares closed at $38.23 today .