Facebook is public

[cjeanette]

I think the price went insanely high.

[downtoearth]

May 17, 2012 15:44:23 GMT -5 RockNVoll said:

From an email I received by a Fortune reporter/blogger:

...-- and will have an initial market cap of nearly $84 billion (the fully-diluted figure brings it past $100 billion). The $18.4 billion figure would top GM for the second-largest IPO in history (just behind Visa).

/

Hmmm...did GM maybe pull their ads from FB and go public about it right before this b/c they didn't want to get beat. Or maybe they're buying some of the stock and were hoping it would start cheap. I guess I'm cynical about the financial world these days.

[smiley]

On the radio today they were talking about a man who saved $25k for his daughters college and she asked him to put it into Facebook stock. Apparently he is going to do it.

this article talks about it...
online.wsj.com/article/SB10001424052702304543904577395122935463642.html