Facebook.com, the second most visited website on the web, shared its relationship status with the world by going public on Friday.
After a half-hour delay, Facebook started its trading on the Nasdaq Stock Market. The Business Herald reports that by Mid-Afternoon, stocks were sold at around thirty eight dollars. Investors raised sixteen billion dollars from the offering, making the social media site worth 104 billion dollars.
Facebook is the most valuable company in the United States to go public.
After a half-hour delay, Facebook started its trading on the Nasdaq Stock Market. The Business Herald reports that by Mid-Afternoon, stocks were sold at around thirty eight dollars. Investors raised sixteen billion dollars from the offering, making the social media site worth 104 billion dollars.
Facebook is the most valuable company in the United States to go public.