(eToro Blog) The debate and speculation is finally over and all that’s left now is the shouting. Late yesterday, Facebook executives announced that it would price its 421.2 million shares of stock at $38.00 per share, the high end of the anticipated range. At that price, Facebook shares would trade at better than 100 times [...]
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Facebook IPO Prepares for Lift Off
(eToro Blog) Barring any unforeseen emergencies, Facebook will launch its long-awaited, super-hyped Initial Public Offering when Wall Street opens tomorrow. While the Eurozone’s impending implosion could put a damper on the rest of Wall Street indices, analysts believe that the NASDAQ, where FB will be listed and publicly traded, is likely be well insulated from [...]
Could Advertising Risks Threaten Facebook’s Success?
(eToro Blog) The countdown for Facebook’s IPO launch on the NASDAQ continues (T-minus 2 days and 3 hours, give or take a few minutes) and spoilsports are already practicing their “I-told-you-so” speech, ready to whip it out at the first sign that the social media giant won’t be able to raise the targeted $100 billion [...]