RSS
Investors were on high alert today (Wednesday) for a Facebook IPO, which has rumored to reserve both NYSE: FB and Nasdaq: FB as possible ticker symbols.
A New York Post article reported the two listing companies were in "hot debate" for Facebook.
"Facebook won't significantly change the listing revenues for these companies but there could be a real halo effect wherein other companies decided to list with whichever wins Facebook," Larry Tabb, founder of capital markets advisory firm Tabb Group, told The Post.
Besides the ticker, the biggest questions on investors' minds include:
How much does Facebook want to raise? The latest rumors say the filing will set a preliminary goal of $5 billion, which can be raised if enough investor interest is shown.
A New York Post article reported the two listing companies were in "hot debate" for Facebook.
"Facebook won't significantly change the listing revenues for these companies but there could be a real halo effect wherein other companies decided to list with whichever wins Facebook," Larry Tabb, founder of capital markets advisory firm Tabb Group, told The Post.
Besides the ticker, the biggest questions on investors' minds include:
How much does Facebook want to raise? The latest rumors say the filing will set a preliminary goal of $5 billion, which can be raised if enough investor interest is shown.
| Now, You Don't Have To Pay Lots Of Money To Make Lots Of Money | |
|
"Join me for my daily 'private briefings' with our top editors. |
| Click here to learn more | |
"The smaller deal size reflects a decision to start with a conservative base before deciding whether to increase," the International Financing Review reported Wednesday.
Who's handling the deal? The rumored leader in the coveted investing banking spots is Morgan Stanley (NYSE: MS), with Goldman Sachs Group Inc. (NYSE: GS), JPMorgan Chase & Co. (NYSE: JPM), Barclays Capital Plc (NYSE ADR: BCS), and Bank of America-Merrill Lynch (NYSE: BAC) involved as well.
How high is Facebook's value? Rumors still say the company could carry a valuation of $90 billion - $100 billion. A $100 billion value would be about five times higher than what Google Inc. (Nasdaq: GOOG) was worth when it started trading (Google is now valued at $187 billion).
When will NYSE: FB... or Nasdaq: FB... start trading? Industry insiders expect Facebook will finish the IPO process in May, if everything in the prospectus goes according to planned.
One thing seems likely: the IPO debut has been meticulously planned.
"Facebook is not taking chances with this IPO and wants to make it a blue-chip event," a source told tech site AllThingsD.
Investors can watch for an answer to NYSE: FB vs. Nasdaq: FB and all other questions at the end of trading Wednesday, the most recently rumored time for Facebook to announce its filing.
News and Related Story Links:
Who's handling the deal? The rumored leader in the coveted investing banking spots is Morgan Stanley (NYSE: MS), with Goldman Sachs Group Inc. (NYSE: GS), JPMorgan Chase & Co. (NYSE: JPM), Barclays Capital Plc (NYSE ADR: BCS), and Bank of America-Merrill Lynch (NYSE: BAC) involved as well.
How high is Facebook's value? Rumors still say the company could carry a valuation of $90 billion - $100 billion. A $100 billion value would be about five times higher than what Google Inc. (Nasdaq: GOOG) was worth when it started trading (Google is now valued at $187 billion).
When will NYSE: FB... or Nasdaq: FB... start trading? Industry insiders expect Facebook will finish the IPO process in May, if everything in the prospectus goes according to planned.
One thing seems likely: the IPO debut has been meticulously planned.
"Facebook is not taking chances with this IPO and wants to make it a blue-chip event," a source told tech site AllThingsD.
Investors can watch for an answer to NYSE: FB vs. Nasdaq: FB and all other questions at the end of trading Wednesday, the most recently rumored time for Facebook to announce its filing.
News and Related Story Links:
- Money Morning:
Who Wins with the Facebook IPO
- Money Morning:
Facebook IPO: Where's the Love, Mark Zuckerberg?
- New York Post:
NYSE, Nasdaq battle for Facebook listing
- International Financing Review:
Facebook readies to file US$5bn IPO, could grow
More on this topic
(What's this?)
Printable Bones are the New Best Friend for the Accident Prone
(Wall Street Daily, 12/1/11)
Facebook Reserves ‘FB’ As Company’s Ticker Symbol
(ValueWalk.com, 1/27/12)
Short Interest
(Comments for thetechnicaltake, 11/28/11)
CAN SLIM Candidate: Changyou.com (NYSE: CYOU)
(Wealth Daily, 8/31/11)
Tags: Facebook Initial Public Offering, Facebook IPO, facebook ipo price, facebook nasdaq, facebook price, Facebook stock price, how much is facebook stock, ipo facebook, Nasdaq: FB, NYSE: FB, price facebook, price of facebook
How much will it be a share ?
Well, if the valuation is to be set at 5 times higher than what Google began trading at, Google shares when they opened were selling for $85/share. 5x$85=$425/share
Becky, it doesn't work like that. $100B is the total worth, Goog was around $20B, so it would be 5 times. However, the per-share price depends on the total # of shares available. I guess the price per share in FB's case would be similar to it's secondary market price (between $30 and $40 per share).