‘Facebook IPO: Here’s Why You Shouldn’t Buy Yet’ – ‘Mashable’
The latest post on ‘Mashable’ is titled “Facebook IPO: Here’s Why You Shouldn’t Buy Yet”.
Joann Pan says, “Everyone’s talking about the Facebook IPO — and for good reason.
Facebook is currently valued at around $100 billion, though it made less than $4 billion in revenue last year. Still, if the social network with more than 901 million users plays its cards right, it could be the world’s first $1 trillion company by 2014.
The Facebook IPO is slated for Friday. New investors can potentially buy around 421 million shares of Facebook stock at $38 a pop”.
Facebook IPO: Here’s Why You Shouldn’t Buy Yet
Mashable.com
Comments are closed.