Facebook IPO a flop?

Share
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.

References:
http://www.latimes.com/business/la-fi-facebook-ipo-20120519,0,6863952.story?page=2
http://www.nst.com.my/latest/fb-stock-closes-nearly-flat-in-debut-1.85575








0 comments:

Post a Comment

What do you think?.

© 2007-2022
The content or part of it , is copyrighted to Sundeep Machado.


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