TNBiz (TNBiz)
Markets  |  May 17, 2012 22:50:05

Shares begin trading on Facebook $ 38


NEW YORK (MEDIAFAX) - Shares Facebook enter the stock market this week. The company on Thursday announced the price of their shares in the IPO at $ 38 (762 dollars), informs AFP.

Facebook had its premiere dismisses the stock market on Friday. Enters her imposingly its initial public offering (IPO) may receive up to $ 18.4 billion (approximately 169 billion dollars). The value of Facebook would be jumped to $ 104 billion.

Interest in shares is enormous. Facebook because of last-minute increase in the number of shares offered by about 25 percent to about 421 million.

It is expected that Facebook shares on the first day the stock market could grow by up to 30 percent. Facebook IPO will be in the technology sector, the largest in the U.S., shares will be traded on the Nasdaq Stock Market under the symbol FB.

Facebook has over 900 million active users. Approximately 500 million of them used it every day, and used to access and mobile devices.

Ivan Orel, orel@mediafax.cz

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Akcie Facebooku začnou obchodovat na 38 dolarech

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