Now we have a date (May 18) and a price range ($28 to $35 per share) for what could be the biggest initial public offering in the history of tech stocks: Facebook. The company has grown by leaps and bounds since it was born in Mark Zuckerberg's dorm at Harvard in 2004, and now could make Zuckerberg richer than Microsoft CEO Steve Ballmer. If the IPO prices at the high end of the range, $35 per share, Zuckerberg could be worth $17.
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
Facebook shares will go on sale at long last today, in the biggest tech IPO in US history—and Nasdaq is desperate to make sure nothing goes wrong. Facebook has set an initial price of $38 per share, meaning it will make some $16 bil... Read Post