 |
| Facebook Stock Symbol Is "FB" |
Facebook's opening trade was 30 minutes delayed as traders experienced problems with changing and canceling orders they had submitted to the Nasdaq, The Wall Street Journal reported.
According to Mashable, Facebook opened with $42 a share, bringing its valuation to $116.6 billion.
Facebook's trading volume exceeded 100 million shares in the first three minutes of the stock’s trading, the Journal said.
A Bloomerg report said that there were bids for the stock at 58.20 EUR in Germany, which is $74/share, before Facebook opened on Nasdaq.
Facebook IPO was originally priced at $38 per share, raising $16 billion in a landmark initial public offering that values the company at more than $100 billion.
No comments:
Post a Comment