Facebook set a proposed price range of $28 to $35 per share for its highly anticipated initial public offering. In an amendment to its IPO filing with the Securities and Exchange Commission, the social media giant said it will sell 337.4 million shares. Read the full story at Fox Business.
Chinese e-commerce giant Alibaba increased its valuation to $130 billion in an amended filing with the Securities and Exchange Commission, less than a month from the company’s initial public offering. Read Post
Twitter will offer 70 million shares in its Initial Public Offering, and has priced those shares at $17-$20 per share, according to an amended S-1 filing. Twitter’s IPO pricing range was rumored to drop today, several weeks after it... Read Post