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Facebook IPO Share Sale Closes Two Days Ahead of Schedule

May 14 2012, 9:30am CDT | by , in Rumors | Technology News

Facebook IPO Share Sale Closes Two Days Ahead of Schedule
 
 

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!


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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Luigi Lugmayr (Google) is the founding chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com.

 

 

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