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Facebook increases IPO, could raise $16 billion |
May 16, 2012
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CBS/AP (CBS News) Facebook revised its S-1 filing with the Securities and Exchange Commission for the eighth time Wednesday.
Full coverage of Facebook at Tech Talk
Facebook ups IPO price range as offering nears
Investors cautious of buying Facebook stock
The social network increased its initial public offering (IPO) to 421.2 million shares to investors - up from the 388 million maximum shares the company originally posted. Facebook also raised its range for price per shares Tuesday. Originally $28 to $35, now the price per share is set between $34 and $38 per share.
Facebook reports 901 million monthly active
Full coverage of Facebook at Tech Talk
Facebook ups IPO price range as offering nears
Investors cautious of buying Facebook stock
The social network increased its initial public offering (IPO) to 421.2 million shares to investors - up from the 388 million maximum shares the company originally posted. Facebook also raised its range for price per shares Tuesday. Originally $28 to $35, now the price per share is set between $34 and $38 per share.
Facebook reports 901 million monthly active
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