Facebook, the world’s largest social network, has chosen the Nasdaq for his long awaited debut on the stock market and “FB” is the symbol that will trade its shares on Wall Street, has published in digital editing the New York Times.
The social network that connects 845 million people around the world has opted for a market where securities are traded some of the largest technology companies around the world as Apple and Google, detailed sources close to the company in this newspaper.
The company that runs Marck Zuckerberg ruled out the possibility that its public offering of shares (IPO) occurs in the New York Stock Exchange (NYSE), Nasdaq’s chief competitor, in a debut that was recently published as might occur in May.
The documents filed with the Securities and Exchange Commission of USA (SEC) in February revealed that Facebook will try to raise 5,000 million dollars with its debut on Wall Street, although experts say that figure could rise to 10,000 million.
Overall in 2011, the social network introduced in daily life the “Like” showed a solid income of 3,700 million dollars, 88% more than in 2010, so that its net profit was 1,000 million dollars last year, 65% more yoy.
Shares of Nasdaq OMX market manager of the same name, rose a solid 1.35% after news that the world’s largest social networking platform that trade on stock exchange, while those of NYSE Euronext, operator of the New York Stock Exchange, down 1.33%.
Category: Business News