This is it — the week every social media investor has been waiting for. Facebook is expected to file for its IPO this week, according to widely circulating rumors, in response to huge demand in the market — to say nothing of its own employees, many of whom stand to become millionaires overnight. Morgan Stanley is said to be the leading investment bank in the offering. Facebook is expected to list on the New York Stock Exchange, after fierce wooing on the part of both the NYSE and Nasdaq.
Wall Street in the Grip of Facebook Fever
Posted by: Erika Morphy January 30, 2012 09:29 AMThis is it — the week every social media investor has been waiting for. Facebook is expected to file for its IPO this week, according to widely circulating rumors, in response to huge demand in the market — to say nothing of its own employees, many of whom stand to become millionaires overnight. Morgan Stanley is said to be the leading investment bank in the offering. Facebook is expected to list on the New York Stock Exchange, after fierce wooing on the part of both the NYSE and Nasdaq.