FaceBook IPO valuation rumours

By
0 mins. to read

It looks like Facebook has an IPO price range in the high $20s to mid $30s, giving it a valuation of $85 billion to $95 billion according to reports from the US today. The valuation is below the $100 billion hoped for in recent months, but weak quarterly revenue and earnings data has knocked back investor appetite for the shares.

Contrarian Investor UK

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *