Feel the Facebook
Facebook’s stock is set to begin trading on the Nasdaq Stock Market today at 11 a.m. EST. This is one day after the world’s definitive online social network raised $16 billion in an initial public offering that valued the company at $104 billion. Facebookâs value is more than Amazon.com and other well-known companies such as Kraft, Walt Disney and McDonald’s.
If you are a stock investor, you might want to pick up a few shares at its opening price of $38. Continue reading