Initial Public Offering
The Facebook Initial Public Offering (IPO) took place on May 18, 2012. It was one of the largest internet and technology IPO in the history with a market capitalization of $104 billion. After the IPO Facebook raised $16 billion but nevertheless the IPO was considered unsuccessful (Nair, 2014) . The main question before the IPO was the stock price. The expected price between $28 and $35 was increased to $38 as opening price. Most experts came to the conclusion that stocks were overpriced and this was one of the main reasons of Facebook IPO failure and its share price crush Continue reading...
