Buy Facebook Stock
February 2, 2012 by staff
Buy Facebook Stock, Facebook’s much-hyped initial public offering promises to be an exciting spectacle when the social media giant goes public this spring. But should you update your status to “shareholder”?
The potential rewards from this $5 billion IPO are big, but so are the risks.
Some numbers that came out in Facebook’s filing late Wednesday were impressive: a $1 billion profit in 2011, $3.7 billion in revenue, 845 million users.
What’s still unknown: the initial stock price that connected buyers will be able to get, not to mention what shares will cost by the time average investors get a chance to buy shares.
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