Facebook's stock should start officially trading to the world on Friday, but the company will be launching its IPO from its home rather than NASDAQ's New York City trading headquarters. VentureBeat is reporting that Facebook and its founder and CEO Mark Zuckerberg, will be ringing the opening bell for the NASDAQ stock exchange from its main offices, located in Menlo Park, California.
This is not exactly an unexpected move. Facebook has been doing things its own way as it prepares to launch the most anticipated IPO event in years. It launched a video "road show" for prospective investors a number of days ago. Zuckerberg didn't attend all of the physical road show dates in the past couple of weeks, and when he did, at least one analyst worried that his wearing of a "hoodie" to a road show appearance was a "mark of immaturity."
In related news, a new filing with the US Securities and Exchange Commission has confirmed that Facebook shares can indeed be traded on NASDAQ. There were a few rumblings that the company's stock launch might be delayed but it now seems that all systems are go for the Facebook IPO launch. The company is expected to announce its stock price on Thursday afternoon.
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