Facebook temporarily suspends private share trading - Rumour

Wed Jan 25 2012, 12:24 PM

Facebook is reportedly suspending private trading of its shares for a three-day period beginning on Wednesday this week. Sources speaking to Reuters say that the firm has already written to at least one secondary market where Facebook's shares are traded, although it has not explained why. The move comes as momentum builds in the run-up to Facebook's IPO, which is expected to take place this year and could value the firm at up to USD100bn.

Upgrade Required

To access this content and our full archive of articles on 30,000+ companies, you are required to be a StrategyEye subscriber.

We offer a range of subscription options. Complete the form to request one of our packages.

Product information >>
Already a subscriber? Login >>

Upgrade or Request a Trial

RELATED CATEGORIES

RELATED COMPANIES