Facebook about to enlist on NYSE
Just on February 1st it seems that facebook is planning their enlisting at the
NYSE. According to the 2011 financial report, the company has made $1
billion profit, according to 2010 of $606 million and $229 million in 2009.
The stocks shall fork in another $5 billion dollars for invests in facebook.
It seems taht facebook has turned down the hat a bit as rumors say the company’s value is about 50-100 billion dollars. Marc Zuckerberg holds 28% of the shares, 70% is owned by the management and the rest goes to finance investors.
The enlisting is spectacular as it deals with one of the most worthful rated companies to date. Time will show if fcbook can still keep up the pace.
Big stars came and fell. So could this happen to facebook as well!
Leave a comment