Facebook has announced that it will be selling an extra 50.6 million share , at a damage likely to fall between $ 34 and $ 38 per share , cover TechCrunch . That should snag them at least another $ 13.1 billion — and probably tug their net rating northwards of the expect $ 100 billion .
The superfluous dismissal of 50,612,302 shares will be offer to general agent to cover over - allotments . In sum , that will mean that Facebook is now selling 388 million shares .
It ’ stillnot deserving buying one , though . [ TechCrunch ]
https://gizmodo.com/buying-one-share-of-facebook-stock-is-a-total-rip-off-5910225
Image bywest.munder Creative Commons license
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