Facebook’s IPO being considered positive step for economic recovery
Linkedin

Facebook’s IPO being considered positive step for economic recovery

California City : CA : USA | May 16, 2012 at 3:21 AM PDT
By
XX XX
Views: Pending
 
Facebook and Its Big Stock Offering

The initial public offering of Facebook is being made even greater as the level of excitement and buzz is rising among investors. The price range for the shares is also being raised and at that range the valuation of the company would rise further, making the company worth around hundred billion dollars. The company has been planning the event since last year and the industry is closely watching the level of activity regarding the company going public.

Facebook’s stock is expected to have huge demand in the market and the rise in the price range is not going to affect the demand to a great extent. The IPO is going to be among the largest ones in history and investors are showing great interest in buying the shares. The company carried out surveys before changing the price range and took the decision after judging the demand in detail.

Investors in the initial public offering would mostly be big names in the market. The company has appointed 33 underwriters among which many have even booked the orders. Although the demand for Facebook shares is high, people have a general perception that the expected valuation of the company is higher than it should have been.

The price range for the initial public offering has been set at 34 to 38 dollars per share, which is expected to rise in a short span of time after the trading starts. As the social network is immensely popular, growth opportunities for the company are plenty.

The IPO is going to be a big benfit for the employees and the existing owners of the business. The trading activity is going to be beneficial for the overall economic situation of the state as well, as people will earn from the stock. This flow of money is being welcomed by the industry as everyone will gain through the transactions. The management of Facebook is also looking forward to the high level of activity after the initial public offering.

1 of 24
Next
Facebook will price its initial public offering (IPO) from $34 to $38 per share
Facebook will price its initial public offering (IPO) from $34 to $38 per share
sarah1 is based in California, California, United States of America, and is a Reporter for Allvoices.
Report Credibility
 
  • Clear
  • Share:
  • Share
  • Clear
  • Clear
  • Clear
  • Clear
 
 
 
Advertisement
 

News Stories

 
  • Facebook raises IPO price range to $34-38

      India Abroad
    S ocial networking site Facebook has raised the price range for its initial public offering (IPO) to USD 34-38 a piece, which is expected to garner $12.8 billion at the top end of the band. Facebook said in a regulatory filing that it has raised the...
  • IPO Report: Facebook market cap may top $100 billion

      MarketWatch
    Facebook Inc. hiked the expected price range of its initial public offering Tuesday morning, with the latest terms likely to raise at least $6.4 billion for the social network when the deal prices later this week. Facebook CEO Mark Zuckerberg appears...
  • Facebook raises IPO price as offering nears

      Belleville News-Democrat
    Facebook is raising the price at which it plans to sell stock to the public. The social networking company said in a regulatory filing Tuesday that it expects to sell its stock for between $34 and $38 per share...The increased range is a sign of high...
  • Facebook Ups Its Forecast: Says Shares Will Sell For $34 To $38

      National Public Radio
    Strong demand for its first public sale of stock has led Facebook to raise its forecast for how much each share will sell for when the company goes public on Friday. "We anticipate that the initial public offering price will be between $34.00 and $38.
  • Facebook IPO: five things to know before buying the stock

      The Christian Science Monitor
    Now, with the arrival of a public stock offering, all those people have a chance to be part owners of this social hub...Here's a glimpse inside the most publicized initial stock offering in years, including some of the things you should be aware of...
  • Video: Facebook hikes IPO price range

      The Globe & Mail
    Stock, fund or company To view this content you need to install the Flash Player...AM EDT Facebook has increased the price range of its initial public offering to raise more than $12-billion (U.S.), giving the company a potential value of more than $...

Blogs

 >

Images

 >
 

More From Allvoices

Report Your News Got a similar story?
Add it to the network!

Or add related content to this report



Use of this site is governed by our Terms of Use Agreement and Privacy Policy.

© Allvoices, Inc. 2008-2014. All rights reserved. Powered by PulsePoint.