Facebook’s market debut draws criticism from lawmakers
Hayley TsukayamaFacebook, the social network that began eight years ago in a Harvard dorm room, will debut Friday on the stock markets having raised $16 billion, making it the third largest initial public offering in U.S. history.
With massive press coverage and financial pundits sharply divided over whether the stock is a good buy, Facebook will initially trade at $38 per share under the symbol “FB.” At that price, the company’s value is $104 billion, larger than corporate stalwarts such as Walt Disney or McDonald’s.
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"Facebook’s market debut draws criticism from lawmakers", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), mai 2012. Consulté le 29/11/2023. URL: https://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/facebook-s-market-debut-draws-criticism-from-lawmakers