(Reuters)-investors support for Facebook after the first line of the world last Friday on the social networks was proposed at Wall Street about $16 billion, in the history of the United States is one of the largest initial public offerings.
$10.4 billion, Facebook is greater than starbucks and hewlett-packard merger, aroused intense speculation how much higher, its valuation will rise once began trading stocks.
"The possibility of field is 15% to 20% of the popular," said Tim lauren, finance professor at Notre Dame university. "Given they've moved to their initial public stock offerings range and increase the size, this is the beginning of the call."
Facebook's the issue price per share $38, on Thursday, but when shares under the beginning of FB in at around 11 symbol in the nasdaq trading price may be higher in the morning eastern time.
Some people expect share price may be rising although Friday's 30% or more, continuous attention F acebook long-term accumulate potential. Analysts estimate of the morning star company average $50 of the stock's closing price of Facebook, tomorrow.
Initial public stock offering, mint is expected to more than the company in the thousands of paper millionaires, have received wall to wall media reports, and triggered a hope everything from the San Francisco bay area real estate car sales of prosperity.
Facebook employees marks an all-night "hackathon", in the company of the door of the events los parker, based in California, began Thursday night, in the traditional programmers working party project, sometimes turns into mainstream products.
Facebook's 28 founder and chief executive, mark zack's ring is expected to clock, on Friday morning, in the company of the silicon valley headquarters, began in the nasdaq transactions.
Founded in 2004 in harvard dorm, Facebook has become the dominant in the world of social networking, with 9 million users.
Facebook will be in 38 dollars a share, trading history more than 100 times earnings, and apple's 14 times and Google 19 times the company.
For all around the great expectations of Facebook, the company the challenges they face and to maintain its momentum.
Some investors worried that the company hasn't figured out a way to make more and more users, such as tablet computer and intelligent mobile device access Facebook on the money. At the same time, the Facebook online advertising business, which accounts for most of their income, income growth has slowed in recent months.
"With cell phone usage increased more than the desktop, can reduce in the short term, no small capitalization of advertising on the coverage of the mobile, limited screen size challenge, said:" from the Susquehanna financial group report last week.
General motors said Tuesday that it will stop in put ads on Facebook, is displayed on the site advertising as traditional media effectively improve the problem.
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