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Thursday, May 17, 2012

Facebook IPO - $38 per share

They did it! Facebook's IPO has sold 421.2 million shares at $38 per share, making the company worth an estimated $104.2 billion, a record for a technology company.

Here is the report at Bloomberg.com.

What do you think about this IPO? With the news about GM pulling their ads, do you think Facebook is going to hold on or struggle to keep shareholders happy?

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