Big week for Facebook and Menlo Park | May 23, 2012 | Almanac | Almanac Online |


Cover Story - May 23, 2012

Big week for Facebook and Menlo Park

by Sandy Brundage

Instead of chatting on Facebook, a lot of people were talking about Facebook last week. The social networking giant debuted its public stock offering on May 18, with initial shares trading at $42.05 on NASDAQ, up from its IPO price of $38. But it closed close to the IPO price, and on Monday traded below that price.

This story contains 223 words.

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