Showing posts with label facebook ipo price. Show all posts
Showing posts with label facebook ipo price. Show all posts

Friday, May 18, 2012

facebook stock price


facebook stock price



IPO the most successful technology in the history roared home on a Friday, with a turnover of Facebook shares open at $ 42.05, well above the set price of $ 38.

The share prices rebounded in early trading, falling back a few times to $ 38. However, by 10 am, it was back to more than $ 41.

The company is feverishly anticipated debut on Wall Street - initially for 8 hours - took place about 30 minutes after NasdaqOMX Group said at the opening of the shares of Facebook "experienced a slowdown," said Bloomberg. But with the action now officially on the market, investors could propel the company record of $ 104 billion valuation higher.

Barron reported that Facebook shares were trading at $ 45 on Nasdaq before trading began. And the Associated Press, said Intrade, the market for online gambling, 77 percent chance that the show would close at $ 45 for prediction.

However, other media and non-perishable supplies on things early. Zynga trade was stopped after the stock fell more than 13 percent to a record low at $ 7.17. Groupon fell 6 percent and LinkedIn was reduced by more than 1 percent. The suspension of the shares of Zynga, as a result of a circuit breaker is activated the market when the market is volatile, it should have lasted five minutes, but was much longer.
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