Facebook IPO Fizzles

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Facebook finally had its initial public offering today – and the results were not that much to ‘like’. The price dropped at first and closed just 23c above its initial price. Stiil, it is set to make Mark Zuckerberg a multi-billionaire; spawn a new generation of millionaires and make history as the third largest IPO in US history. A beaming Zuckerberg rang the Nasdaq ‘bell’ to start trading today at a special ceremony at the Menlo Park, Ca headquarters of the company. The 28-year-old was flanked by COO Sheryl Sandberg and other senior staffers as thousands of Facebook employees cheered him on.

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Published on May 18, 2012

Written by Newzar Breaking Video News Team. Posted in Featured, Hot List, News, Tech, TECH, US NEWS, Videos

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  1. Show us more pix of the Zucker wedding so we can wish them well and all they wish for to come true. We also want to compliment the bride for her really good looks and good taste. Him? Well, we’ ll just say he always looks the same, not adding anything else on account of the occasion! tks

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