It’s a big day, geeks. This is the day Facebook finally goes public. Yes, at 9:30 AM EDT today, the initial public offering that so many have been waiting for becomes a reality. Trading is slated to start at a mere $38 a share, but expect it to jump like nuts when the floor actually […]
Tag Archives | ipo
Construction Worker Wants Dislike Button For Fake Facebook Stock
Marianne Oleson was charged Wednesday with multiple counts of theft and forgery for the sale of fake Facebook stock. The Oshkosh, WI resident conned four men out of thousands of dollars, including Randy Stafford, a construction worker who did concrete work on Oleson’s house worth $18,000. After she couldn’t pay for the work, Marianne told […]
Federal Facebook Filing Finds Financial Flexibility
The big social media news this week goes to Facebook. Officials from the world’s biggest social network released required financial documents Wednesday in preparation for the company’s initial public offering (IPO) in a few months, which will transition the company from a privately held firm to a publicly traded company. This is the first time […]