HFA Icon

Facebook Halting Shares on Secondary, IPO On The Way

HFA Padded
HFA Staff
Published on
Updated on
Sign up for our E-mail List and Get FREE Access to Exclusive Investment E-books and More!

Facebook Halting Shares on Secondary, IPO On The Way

Facebook announced today that it would halt trading of its secondary shares today in a move that analysts say means the company's IPO is coming soon rather than later. The hotly anticipated initial offering of the social media company was predicted to be arriving this April or May and the halt in trading today points to that happening. The company runs the world's largest social network with hundreds of millions of users. It is one of the most popular sites on...

Login required to continue reading.

Setup a free account to get access to this article (no credit card required).

View Full Article
Already a member? Log in here
HFA Padded

The post above is drafted by the collaboration of the Hedge Fund Alpha Team.