Economy

Facebook's Stock Debuts on Wall Streeti
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Mil Arcega
May 19, 2012 1:03 AM
After weeks of anticipation, it was finally time Friday for Facebook Inc.'s official debut on Wall Street. After jumping more than 10 percent in the first few minutes of trading, Facebook stock, selling under the FB symbol, closed less than one percent higher. Despite the lukewarm start, analysts say trading volumes were high. Mil Arcega reports the IPO [initial public offering] was one of the biggest in history.

Facebook's Stock Debuts on Wall Street

Published May 18, 2012

After weeks of anticipation, it was finally time Friday for Facebook Inc.'s official debut on Wall Street. After jumping more than 10 percent in the first few minutes of trading, Facebook stock, selling under the FB symbol, closed less than one percent higher. Despite the lukewarm start, analysts say trading volumes were high. Mil Arcega reports the IPO [initial public offering] was one of the biggest in history.


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