Thursday, 17 May 2012

Facebook IPO Price-per-Share to be $38 [REPORT]

It has just been revealed to the WSJ that the Facebook IPO shares could start at the bargain price of $38 per share.

According to the Wall Street Journal source, the pricing could still change, and nothing is certain, but it honestly looks like the prices to kick everything off will start quite low.

The IPO (Initial Public Offering) is expected to make the company worth $104 billion, making this IPO the second largest in history.

[UPDATE]: Facebook have confirmed that their IPO share price will start at $38.