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Facebook IPO: Here’s Why You Shouldn’t Buy Yet
Everyone’s talking about the Facebook IPO — and for good reason. Facebook is currently valued at around $100 billion, though it made less than $4 billion in revenue last year. Still, if the social network with more than 901 million users plays its cards right, it could be the world’s first $1 trillion company by 2014. The Facebook IPO is slated for Friday. New investors can potentially buy around 421 million shares of Facebook stock at $38 a pop. The big question is: should you buy Facebook stock while...
Published By: Mashable - Thursday, 17 May, 2012
