Facebook IPO Shares – How to Buy Facebook Stock (GoodFinancialCents.com) – Video
Category: Internet Stocks, Uncategorized
02-02-2012 01:14 http://www.goodfinancialcents.com Are you wanting to buy Facebook IPO shares? Here's how you'll be able to do it....kind of. THE FACEBOOK IPO The frenzy is building. Should you care? Anticipation is high. Facebook filed an S-1 form with the Securities and Exchange Commission on February 1, taking its first big step toward going public. It aims to raise $5 billion through its upcoming IPO. Some of the details from the S-1 form: • Facebook's revenue climbed from $777 million in 2009 to $3.71 billion in 2011. • Its annual profits went from $229 million (2009) to $1 billion (2011). • Its profits grew by 65% last year alone. • Its top source of revenue is advertising. (12% of Facebook's 2011 revenues came from Zynga, a social network gaming company.) The Google IPO raised $1.9 billion, and this IPO could potentially dwarf that.1 Will this IPO live up to all the hype? It might; it might not. Let's examine some other key tech IPOs and see how those shares have done since. • Google. The IPO set the share price at $85. Here in early February 2012, the share price is now around $580. A home run by any definition. • LinkedIn. On the day of the IPO, the share price climbed from $45 to a peak of $122.70 and settled at $94.25. At the start of February, LinkedIn was trading for about $72. • Pandora. Shares were offered at $16 in June 2011; eight months later, they were trading at $13. • Zillow. Shares were offered at $20 in July 2011 and ended at $35.77 on the day of the IPO; in early February ...
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Facebook IPO Shares - How to Buy Facebook Stock (GoodFinancialCents.com) - Video
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