New report says Facebook is already finishing the sale of IPO shares by tomorrow afternoon.
Looks like Facebook is trying to get some more flexibility when to go public. According to Bloomberg, Facebook IPO share sale is already closing tomorrow after the US markets close. Now it is just a question where Facebook is setting the initial price. It is supposed to be in the range of $28 and $35.
Initially it was believed that Facebook lists on NASDAQ on Friday under the symbol FB, but now they could also do it as early as Wednesday as far as I understand things.
Oh before I forget, Mark Zuckerberg is celebrating his 28th birthday today - Congratulations!