Tags - ipo

Facebook IPO Infogrpahic


Facebook is pretty popular, but did you know that in fact 1 in 10 people use Facebook and that combined, that makes 800 million users worldwide?


With that much activity, Facebook Inc. have made themselves a pretty sizable audience for advertisers to address, but with talks of the company going public, just how much did you expect it was actually worth ?


Facebook IPO


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Facebook on Tuesday raised its IPO (Initial Public Offering) price target range to between ($34 to $38) per share from the previous prices ($28 to $35) as a result of strong demands, according to a new filing with the United States Securities and Exchange Commission.


The new price range pushes the social networking company's valuation to between $93 billion and $104 billion. Facebook will offer a total of 388 million shares. Facebook IPO will start on May,18th and its shares will be listed on the NASDAQ exchange under the "FB" ticker symbol.

 


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