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With Glut of New Facebook Shares Freed, Analyst Predicts Stock Could Hit $15

Posted on: November 14, 2012 by Connie Loizos1 Comment »

Today, the third tranche of restrictions locking up Facebook shares expires, and the quantity of shares available to trade – roughly 800 million, or 36 percent of the stock outstanding — is stunning.
The big questions, of course, are how many shareholders – and, importantly, which of them — will use the occasion to turn that stock into cold, hard cash.

Facebook Plans to Raise $10.6 Billion in Mega IPO

Posted on: May 4, 2012 by Reuters NewsNo Comments »

The 8-year-old social network that began as Mark Zuckerberg’s Harvard dorm room project indicated an IPO price range of $28 to $35 a share on Thursday, which would value the company at $77 billion to $96 billion.