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Facebook prices at top of range in landmark IPO
By Olivia Oran and Alistair Barr
NEW YORK/SAN FRANCISCO |
Thu May 17, 2012 7:35pm EDT
NEW YORK/SAN FRANCISCO (
Reuters
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Facebook
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Inc priced its initial public offering at the top of its target range to raise more than $16 billion, as strong demand, particularly from retail investors, fuels anticipation of a big pop in the stock when it begins tradi...
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Summary
NEW YORK/SAN FRANCISCO (Reuters) - Facebook Inc priced its initial public offering at the top of its target range to raise more than $16 billion, as strong demand, particularly from retail investors, fuels anticipation of a big pop in the stock when it begins trading Friday on the Nasdaq.
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