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Saturday, 19 May 2012

Facebook gets listed on Nasdaq, will be the largest ever tech IPO

Facebook gets listed on NasdaqFacebook has rewritten history by being the largest ever tech IPO and the third largest IPO overall. CEO Mark Zuckerberg remotely rang the Nasdaq bell from the company’s Palo Alto head quarters. Facebook’s shares will start trading in a few minutes for $38 under the ticker FB. Facebook will raise $19.6 billion from the sale, valuing the company at a massive $104 billion.
We will be keeping a track of the proceedings all night and will post updates at regular intervals.

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