New York, New York - May 18, 2012 - www.InvestorIdeas.com, a global
investor research portal, specializing in sector research including tech
stocks issues an investor alert for social networking stock, Facebook (NASDAQ: FB)
on its first day of trading following its IPO. Facebook has changed the
world bringing social change that was never imagined possible and is
now creating the biggest buzz in the market in years. Will this bring
retail investors and more importantly young investors into the stock
market?
Facebook (NASDAQ: FB) initial public offering consisted of 421,233,615 shares of its common stock at a priced to the public of $38 per share.
Facebook is offering 180,000,000 shares of Class A common stock and
selling stockholders are offering 241,233,615 shares of Class A common
stock. Closing of the offering is expected to occur on May 22, 2012,
subject to customary closing conditions.
In addition, Facebook and the selling stockholders have granted the
underwriters a 30-day option to purchase up to 63,185,042 additional
shares of Class A common stock to cover over-allotments, if any.
Morgan Stanley, J.P. Morgan, Goldman, Sachs & Co., BofA Merrill
Lynch, Barclays, Allen & Company LLC, Citigroup, Credit Suisse and
Deutsche Bank Securities are serving as book runners for the offering.
RBC Capital Markets and Wells Fargo Securities are serving as active
co-managers.
About Facebook
Founded in 2004, Facebook's mission is to make the world more open
and connected. People use Facebook to stay connected with friends and
family, to discover what's going on in the world, and to share and
express what matters to them.
Read the entire S1 IPO filing for Facebook:http://www.sec.gov/Archives/edgar/data/1326801/000119312512034517/d287954ds1.htm
Research Social Networking stocks:
Visit the Investorideas.com Social Networking Stocks Directory preview page:
http://www.investorideas.com/TSS/Social_Networking_Stocks.asp
About InvestorIdeas.com:
InvestorIdeas.com is a leader
in investor stock research by sector. Sectors we cover include; water
and renewable energy stocks, biotech stocks, mining and gold stocks,
energy stocks, natural gas stocks, tech (includes cloud and social networking), defense stocks, nanotech, China stocks and agriculture.
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Become an Investor Ideas Member Today - Get 24/7 access to our
exclusive members only - 13 stock directories; energy, renewable energy,
mining stocks, water, biotech. Added bonus for members - New Tech Stocks Directory for Social Networking and Cloud Computing Stocks
Visit the Investor Ideas membership page to learn more at: http://www.investorideas.com/membership/
Sign up for the free investor news letter and get stock alerts in leading sectors! http://www.investorideas.com/Resources/Newsletter.asp
Disclaimer: Our sites do not make recommendations. Nothing on our
sites should be construed as an offer or solicitation to buy or sell
products or securities. We attempt to research thoroughly, but we offer
no guarantees as to the accuracy of information presented. All
Information relating to featured companies is sourced from public
documents and/ or the company and is not the opinion of our web sites.
This site is currently compensated by featured companies, news
submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
Source - Investorideas.com
800-665-0411
No comments:
Post a Comment