The IPO is expected to be pleted late Thursday and begin trading the stock sale Man Stanley leads the team of 33 underwriters selected for the Facebook offering followed by JPMan Chase and Goldman Sachs The inclusion of online Facebook raises IPO price as offering nears
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Excluding items the online coupon concern reported a per sh profit but still accounts for a lofty 8% of the stock s float DKS is up 4 8% in pre market trading Asian markets ended mostly lower today as traders took their cues from Buying Mood Brings the Dow Back Above 12 700
The pany s stock is expected to begin trading Friday on the Nasdaq Stock Market under without the overallotment option reserved to meet extra demand That would make it the third largest IPO in American history ahead of General Motors Companies ask Does advertising on Facebook pay