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Facebook IPO – First Day Trading, $104 Billion USD Value

on May 19, 2012 | Facebook | Comments (0)

Early this morning Australian time – Facebook shares started trading on the NASDAQ and the company raised more than $16 Billion USD.

At the end of trading on Day1 Facebook is valued at $104 Billion USD.


Mark Zuckerberg still holds 55.8% of the voting power of Facebook shares and also owns over 18% of the company.

This Initial Public Offering by Facebook is the largest internet/ technology IPO in history.


David Cowling :

Editor and Founder of SocialMediaNews.com.au. I also run a Social Media Agency where I do consulting work and another blog dedicated to Instagram news. Connect with me: Twitter | LinkedIn | Google + or contact me here. Alternatively, you can send me an email at david@socialmedianews.com.au











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