Facebook debut on Wall Street igniting up the expectations of the investors

Facebook the world’s No.1 online social networking site has raised about $16 billion making it one of the biggest initial public offerings or IPO in the American History. Rumors are rife with speculation about how much higher will the valuation goes up, once the actual trading begins. Facebook priced its offering at $38 per share on Thursday. But there is some amount of bullishness that is doing rounds as some expect that the price of the share would rise by about 30 percent or more on Friday.

Facebook is valued at $104 billion and is bigger than the combined valuation of Hewlett Packard and Starbuck Corp thereby raising higher expectations and speculation about its valuation when once the shares start trading under the FB Symbol at NASDAQ at around 11:00 AM Eastern Time. Facebook’s chief executive and founder Mark Zuckerberg is expected to ring the bell at the company’s Silicon Valley headquarters today morning to official commence the trading session on the NASDAQ.

 

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