The world No 1 social networking site, Facebook’s CEO Mark Zuckerberg has much disappointed by Facebook IPO stock performance, losing half its value of $19.43 since the beginning in May when IPO shares value was of $38.
This time, Zuckerberg has lost more than $9 billion, ever record never seen before, really a shocking fact, but he hopes to have more Read more
Facebook’s IPO did not mark the stock market as per investors’ expectation, but on the first day of trading company shares end on a low of $38.23 and raised as much as $18.4 billion in one of the biggest initial public offerings in U.S. history.
The eight-year-old social network site’s share value rose up 11 per cent and rose to $45 in starting and after that fall down at $38.23, 16% above the company’s initial pricing of $38. Read more
Facebook, the world’s most liking social networking site, record 900 millions active users, has strong demand by big money managers to be a part in the biggest Internet IPO in history.
As seeking more money scope, Facebook has set its IPO at least $16 billion for the company by selling 421.2 million shares and its early investors in a transaction that values Facebook at $104 billion. Read more
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