Facebook IPO Coming Soon...
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Price: $24.25 -1.82%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 0.8%
Revenue Growth %: +22.6%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 0.8%
Revenue Growth %: +22.6%
Trade MS Now!
The long awaited IPO for Facebook may be finally upon us.
According to reports mid-day from the Wall Street Journal, Facebook will file its IPO documents with the SEC on Wednesday of next week with an inital valuation expected between $75-$100 billion.
Earlier, the New York Post reported that Facebook has reserved the ticker symbol "FB," although it has not picked between the NYSE and NASDAQ exchanges.
Morgan Stanley (NYSE: MS) is expected to be tapped as the lead underwriter and Goldman Sachs (NYSE: GS) will likely play a major role.
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According to reports mid-day from the Wall Street Journal, Facebook will file its IPO documents with the SEC on Wednesday of next week with an inital valuation expected between $75-$100 billion.
Earlier, the New York Post reported that Facebook has reserved the ticker symbol "FB," although it has not picked between the NYSE and NASDAQ exchanges.
Morgan Stanley (NYSE: MS) is expected to be tapped as the lead underwriter and Goldman Sachs (NYSE: GS) will likely play a major role.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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