FACEBOOK (FB) IPO OPENS HIGHER

May 18, 2012 11:30 AM EDT Send to a Friend
The hugely anticipated IPO for Facebook (Nasdaq: FB) is now open. Shares opened at $42.05 after pricing 421,233,615 shares at $38, the top end of the recently revised $34-$38 range.

The offering was led by Morgan Stanley (NYSE: MS), JPMorgan (NYSE: JPM) and Goldman (NYSE: GS).


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