Like It Or Not, It’s Facebook’s Day On Wall Street
Filed by KOSU News in US News.
May 18, 2012
We’ve told you it’s coming. We’ve told you the initial price will be $38 a share. And we’ve said it’s not going to be easy for regular folks to get the stock at that price.
Now, all everyone can do is wait for social media giant Facebook’s first public offering of stock to hit the market.
Things will really get going, as The Deal Journal blog reports, around 11 a.m. ET. That’s when Nasdaq expect to release Facebook’s 421 million shares for trading.
We’ll keep an eye on how trading goes and update with news as the day continues. We’re also embedding a widget that should let us track the stock (trading symbol FB).
– NPR’s Steve Henn wrapped up the news and previewed the IPO on Morning Edition.
– There’s a Facebook “timeline” here.
– The New York Times put together an interactive graphic about how the Facebook IPO compares to other companies’ debuts in the market. [Copyright 2012 National Public Radio]