Follow live market commentary on Facebook. Click here
Close
Sify News
www
Get Quote
NAVs
News
Follow us on
 
SENSEX
 
 
STOCKS LAST SEARCHED
   
IMAGEGALLERY
   
GOLD RATE
Rs. 29315.00
(10 gm)
Glitter Estimator
   
Get Company Quotes
Hot search: SBI, RIL, L&T, Infosys, ICICI Bank
Quote in alphabetical order:
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
 
 
Search Gallery   
Find by Title : A | B | C | D | E | F | G | H | I | J | K | L | M | N
O | P | Q | R | S | T | U | V | W | X |Y | Z
Sify Home >> Finance >> Technology >> From dorm room to Nasdaq: Facebook's meteoric ascent

From dorm room to Nasdaq: Facebook's meteoric ascent

Facebook CEO Mark Zuckerberg addresses an audience at Facebook Headquarters in Palo Alto, California April 20, 2011. REUTERS/Jim Young
Facebook is about to find out just how much status updates, puppy photos and billions of "likes" are worth on Wall Street.

Facebook's stock is set to begin trading on the Nasdaq Stock Market on Friday, the day after the world's definitive online social network raised $16 billion in an initial public offering that valued the company at $104 billion. That's more than Amazon.com and other well-known companies such as Kraft, Walt Disney and McDonald's.

Here are a few highlights of its meteoric rise, several of which were chronicled in David Fincher's seminal Oscar-winning 2010 movie, "The Social Network":

Text: Reuters and AP

Images: Reuters/AP



blog comments powered by Disqus