Pending Facebook IPO – What You Need to Know:
- Exchange: Don’t know if it’s NYSE or NASDAQ, in fact Facebook doesn’t even need to disclose when they file
- Morgan Stanley will take them public
- Expected market cap of $5Billion
- Expected to go public this afternoon, but may slip to tomorrow
- Buy the time the general public can buy a share the price will probably be double of where it started
- NASDAQ or NYSE choice may be decided on which exchange will give the most in terms of partnerships and co-marketing
- Facebook stock symbol expected to be FB
- Zuckerberg and others are about to get insanely rich; but keep it real Mark. Remember Yahoo, AOL, MySpace and eBay were all king at one time
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What will be the stock symbol for Facebook's IPO?
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