May 18th, 2012 may not be the biggest day in world’s history but is certainly a great day in the history of IPOs, history of tech IPOs in general and Facebook IPO in particular.
This Friday, stock exchanges opened with a buzz, all eyes on the Facebook IPO. The social media giant started from Mark Zukerburg’s dormitory is now Wall Street’s buzzing prospect.
Facebook IPO truly overwhelmed the amateur analysts, however, at NASDAQ it did not create much that of a hype. At the end of the day, Faceboob (FB) share price ended up almost the same where it started. The price started and ended at US$ 38/share.
Facebook IPO was the biggest opening in the history of tech companies and the third-largest IPO opening in history of U.S., after VISA and General Motors.