Facebook IPO - forget about when it happens – what will the ticker be? -
How much money will Facebook raise with its much-ballyhooed initial public offering – and how much will the company be worth years later?
Who knows? But here’s the really important question: What will its ticker symbol be?
According to Bloomberg, Facebook has chosen FB.
As the Wall Street Journal’s MarketWatch blog points out, the social networking giant may not have had much of a choice.
“The obvious ticker choice, FACE, is already taken by Physicians Formula Holdings Inc. – though with a market cap around $40 million, they could also cut a deal,” it said Wednesday.
SOCL is currently held by the Global X Social Media Index Fund.
Surprisingly, GEEK is taken by Internet America Inc., and FCBK could be confused with French Connection UK.
Still available: NERD, LIKE, and FRND.
And there’s always ZUCK.
Read more -
http://www.thestar.com/business/article/1124729--facebook-ipo-forget-about-when-it-happens-what-will-the-ticker-be?bn=1
How much money will Facebook raise with its much-ballyhooed initial public offering – and how much will the company be worth years later?
Who knows? But here’s the really important question: What will its ticker symbol be?
According to Bloomberg, Facebook has chosen FB.
As the Wall Street Journal’s MarketWatch blog points out, the social networking giant may not have had much of a choice.
“The obvious ticker choice, FACE, is already taken by Physicians Formula Holdings Inc. – though with a market cap around $40 million, they could also cut a deal,” it said Wednesday.
SOCL is currently held by the Global X Social Media Index Fund.
Surprisingly, GEEK is taken by Internet America Inc., and FCBK could be confused with French Connection UK.
Still available: NERD, LIKE, and FRND.
And there’s always ZUCK.
Read more -
http://www.thestar.com/business/article/1124729--facebook-ipo-forget-about-when-it-happens-what-will-the-ticker-be?bn=1
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