$100 Billion Flotation, Facebook Share Price, News

$100 Billion Flotation on Facebook Share Price, You might have been
already cleared What I’m gonna share with you?
Facebook told yesterday (Thursday) that it valued shares at $38 (£24)
each, and that its shares would begin trading in New York Today
(Friday). At this price the eight-year-old firm would be worth $104
billion.
Demand is set to be high; earlier this week Facebook said it would be
selling 25% more shares than planned. But questions remain
about the firm’s ability to generate profits and take advantage of
mobile phone platforms. There are also concerns that once the company
has to answer to shareholders, there may be a greater emphasis on
advertising to generate profits.
(Note: This post news has made on the courtsey of on BBC.) Keep visiting
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