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emiranda
on May 18, 2012
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NASDAQ:FB
What exactly does that mean if you don't mind me asking?
jonknee
on May 18, 2012
[–]
That 25% of the company has changed hands in 20 minutes.
ABS
on May 18, 2012
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parent
[–]
25% of the shares offered, not of the company
etrain
on May 19, 2012
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[–]
Nope 2.8b is total shares outstanding. $38*2.8b or roughly 100b ~= facebooks current valuation. That said, I'm pretty sure the volume info included the offering of 10% of the company.
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