An Interest In:
Web News this Week
- March 28, 2024
- March 27, 2024
- March 26, 2024
- March 25, 2024
- March 24, 2024
- March 23, 2024
- March 22, 2024
March 12, 2011 04:59 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Nl4wez7ltDU/
New Facebook Valuation Record As Shares Surge 5% To $31.50
A little over $8 million changed hands in this week's SecondMarket Facebook shares auction. And the price surged $1.50 per share, or about 5%, over last week's record price of $30/share. 257,422 shares were bought and sold.That values Facebook, with roughly 2.5 billion shares outstanding, at $78.75 billion. Or, 17 Twitters and change.The confidential (lol) email and part of the attached report is below, and we'll soon be updating our Facebook valuation chart.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Nl4wez7ltDU/
Share this article:
Tweet
View Full Article
Techcrunch
TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.More About this Source Visit Techcrunch