Facebook (FB) picks Nasdaq for upcoming stock offering


 

Image representing Facebook as depicted in Cru...

Image via CrunchBase

http://www.reuters.com/article/2012/04/05/net-us-facebook-nasdaq-idUSBRE83410W20120405

There is also talk of a split of Apple stock.  But that won’t change your portfolio value. 

http://www.reuters.com/article/2012/04/05/net-us-facebook-nasdaq-idUSBRE83410W20120405

Facebook‘s impending debut has whipped up an investor and media frenzy that recalls the go-go days of the first dotcom boom. The social network that began as a dorm room project for Harvard dropout Mark Zuckerberg has vaulted to Silicon Valley‘s top tier within eight years.

Its listing decision deals a blow to NYSE Euronext, which has waged an aggressive battle for marquee tech names in past years.

A major push by listings chief Scott Cutler, who frequently flies out for meetings in Silicon Valley, succeeded in snagging LinkedIn Corp and Pandora Media Inc in 2011.

Listing fees range from $38,000 to $500,000 a year on the New York Stock Exchange, and run between $35,000 and $99,500 a year on Nasdaq.

In 2011, NYSE Euronext hosted 44 percent of technology IPOs in the United States, bringing 19 new listings to the market and ranking first globally in IPO proceeds raised.

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About heloise8

Meaning of "trough" -- Trough is the bottom of a transverse wave. And generically means a low point or a place to fill. Venus is related to this meaning. Veins are to be filled, and venusian people are loving. The left is more venusian than the right, hence The Trough--where Heloise helps the great and the small. Heloise the politico from Blogcritics.org. Physics preacher, blogger, gardener, beach lover, book lover, writer, author.

Posted on April 5, 2012, in Uncategorized and tagged , , , , , , , . Bookmark the permalink. Leave a comment.

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