Facebook IPO Price Per Share Announced
The Facebook IPO price per share has finally announced on the Facebook blog today.
According to the Facebook newsroom article, Facebook stock will begin trading at $38 per share.
Facebook will be traded on the NASDAQ market using the ticker “FB” – go figure!
The IPO will begin with 421,233,615 shares of common stock available on Friday, May 18, 2012.
See Also: 5 Ways Facebook Will Change After Going Public
The Facebook IPO is the second largest in US history (only to VISA) and the largest tech IPO ever – according to Mashable.
The Facebook IPO is a bit controversial as some people wonder whether Facebook will be able to generate enough revenue to satisfy investors.
There has also been a lot of controversy over the Facebook Timeline update which has been rolling out since January.
It will be interesting to see how Facebook fares over the next 12 months.
Are you planning on buying stock in Facebook?
About Anson Alexander
Anson Alexander is a graduate from the University of Tampa with a degree in International Business and Information Systems.A previous IT Administrator for a medium size publication company, Anson has recently decided to work full time on his own business by publishing on AnsonAlex.com, publishing technology tutorials on YouTube and offering SEO, IT training and digital marketing services.His main interests include technology, social media, infographics, economics, marketing and web design.Connect with Anson on Google+.
