Facebook IPO likely to be launched in May

Come this May,you could be witnessing Initial Public Offering from Facebook according to the report from “All Things Digital”. Facebook would be going public mostly during the third week of May.

It’s been a long term plan for Facebook which was planning for an IPO. Facebook in November said it is targeting the second quarter of 2012 for it’s stock offering. The recent evaluation of Facebook touched nearly $100 billion and Initial Public Offering from Facebook would be the largest from technology company

A prominent analyst from Enderle Group told “An IPO from Faceebook will shape the future of the Industry and as many company’s will base their own IPO decisions on the outcome of a Facebook offering”. Social networking site LinkedIn’s shares prices doubled within minutes of trading on New York Stock Exchange last year.A lot has also been expected from Facebook IPO during May this year

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