Saturday, May 19, 2012

Facebook IPO a flop?

Facebook was supposed to big a hit at Nasdaq.
However, the stock is trading at $38.23, which is little above the $38.00 IPO price set for the stock.

Though many people including the Founder Mark Zuckerberg became instant billionaires!

Mark Zuckerberg is now worth $19.14 billion. Facebook is bigger than Walt Disney and Amazon though.
However it fell very short of expectations.


No comments:

Post a Comment

What do you think?.

© 2007-2022 Protection Status
The content is copyrighted to Sundeep Machado

Note: The author is not responsible for damages related to improper use of software, techniques, tips and copyright claims.