IPO season is on, but have these much anticipated initial public offerings helped investors in the past? LinkedIn had a huge response so too Groupon which has now even touched below it’s IPO price. However a much bigger name is expected to hit market in the first quarter of 2012. Facebook Inc is planning to launch is initial public offering anywhere between April 2012 to June 2012 as reported by Wall Street Journal.
According to the news piece, the matter is being internally discussed by Facebook’s top management. It is also said that Mark Zuckerberg hasn’t made any final decision regarding the launch of IPO and filing with the Securities Exchange Commission. However the rumor is that the social networking giant is planning to raise $10 billion through its initial public offering.
However it is also said that Facebook will consider the market situation and European debt crisis before deciding the final amount to be raised through IPO. Facebook’s IPO can also be compared with when Google Inc launched with IPO back in 2007 which raised $27 billion was still $2 billion less than expectations.
Market analysts and pundits do have high hopes for the Facebook’s IPO but considering the sluggish global economy and European crisis one has to keep its fingers crossed.
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