What Will A Facebook IPO Mean For ETFs?

By: ETFdb
The rumors have been swirling for years: Facebook will IPO next month, next quarter, next year. But each time it seems that investors are disappointed with no such event. However, 2012 may finally see the long-awaited IPO from the social networking giant. Before you roll your eyes and click out of the page, consider some new developments that make this event very likely. Other than unnamed sources confirming an IPO in early to mid 2012, the company’s private stock has been frozen for the past three days, a move that typically coincides with a filing to go public in the near future. ”Facebook and companies who do this don’t want to expose themselves to lawsuits related to the fact that some people had it before others and were able to trade on it,” Sam Hamadeh, CEO of private company research firm PrivCo, told Bloomberg. “The best way to protect yourself is [...] Click here to read the original article on ETFdb.com. Related Posts: Tuesday’s ETF To Watch: QQQ Fund (QQQ) Amid Apple Earnings The 10 Most Actively Traded ETFs In The World ETFs: The $10 Billion Club ETF Closures Continue: Global X To Shutter Eight Funds Checking In: Top 5 Equity ETFs Of 2010
The rumors have been swirling for years: Facebook will IPO next month, next quarter, next year. But each time it seems that investors are disappointed with no such event. However, 2012 may finally see the long-awaited IPO from the social networking giant. Before you roll your eyes and click out of the page, consider some new developments that make this event very likely. Other than unnamed sources confirming an IPO in early to mid 2012, the company’s private stock has been frozen for the past three days, a move that typically coincides with a filing to go public in the near future. ”Facebook and companies who do this don’t want to expose themselves to lawsuits related to the fact that some people had it before others and were able to trade on it,” Sam Hamadeh, CEO of private company research firm PrivCo, told Bloomberg. “The best way to protect yourself is [...]

Click here to read the original article on ETFdb.com.

Related Posts:

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.