Monday, May 7, 2012

Facebook’s Retail Investors Seen Missing Day-One IPO Surge: Tech

Renee Morrison has never bought a stock in her life, even after more than a decade working in financial services. That’s about to change as she prepares to invest $2,500 in social-networking website Facebook Inc.

Facebook’s initial public offering, planned for later this month at $28 to $35 a share, presents the first opportunity for most of the site’s 900 million users and other retail investors like Morrison to become stakeholders. Chances are slim that they’ll be able to capture any of the gains that come on the first day of trading.

Continue Reading:
http://www.businessweek.com/news/2012-05-08/facebook-s-retail-investors-seen-missing-day-one-ipo-surge-tech

Source: businessweek.com

at 11:07 PM

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