Americans Believe Facebook IPO Stock Price Is To High


In a recent poll conducted by CNBC, fifty percent of Americans think Facebook is a social network which is expected to come and go, similar to the likes of myspace, but with more users. Another fifty percent believe in the wake of the companies record breaking Initial Public Offering; the stock is indeed priced much to high.

The internet sensation known as Facebook began as a startup by Mark Zuckerberg to help Harvard students link to one another in an online social setting. As of a few days ago, Facebook has launched one of the largest internet IPO’s to date.

About these ads

Trackbacks

  1. [...] According to a post form SoshITech.com “In a recent poll conducted by CNBC, fifty percent of Americans think Facebook is a social network which is expected to come and go, similar to the likes of myspace, but with more users. Another fifty percent believe in the wake of the companies record breaking Initial Public Offering; the stock is indeed priced much to high.” [...]

  2. [...] mobile photo sharing application Instagram for one billion dollars. Next came Facebook’s historic Initial Public Offering. Soon after, talk of a Facebook mobile phone hit the media like a ton of [...]

  3. [...] Investors will have a better idea at the end of thirty days whether or not this IPO is worth the time, effort and money they have been giving thus far. The social network is finding it rather difficult to convince top employees and investors of believing in company stock. [...]

  4. [...] thirteen percent from the original IPO price. Today, Friday, May twenty fifth, Facebook’s IPO closed at close to thirty two dollars which brought the stock down close to three and a half percent for the day, over sixteen and half [...]

  5. [...] 25, 2012 By soshITech Leave a Comment Mark Zuckerberg has reached over one million likes on his Facebook wall along with numerous congratulations from random people all over the world for his marriage to [...]

  6. [...] ‘Like’ button over the recent troubles they have had since the moment of their historic Initial Public Offering. The company closed with thirty eight dollars per share on Friday but the social networks record [...]

Follow

Get every new post delivered to your Inbox.

Join 16,127 other followers

%d bloggers like this: