Well, with just hours away from social giant “biggie” initial public offering for all those we are waiting for from quite a longer time – in between there was a rumor heard that social giant’s CEO Mark Zuckerberg won’t be in New York on Friday, when his company is expected to go public. He will remain in company’s headquarters in Menlo Park. It means he will be ringing the Nasdaq bell remotely, instead of ringing the bell at Nasdaq’s centre – we have a confirmation now for this – Nasdaq confirms that Zuckerberg will be ringing the bell from company’s Menlo Park HQ itself.
NASDAQ trading begins at 9.30AM Eastern Time this morning, same time as every other day, which is when we’ll see how Facebook’s ambitiously priced IPO — a $38 per share valuation takes the total price for the company at $104 billion — is greeted by professional investors. You can catch a livestream of proceedings over on Nasdaq.com from 9.28AM.
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