Facebook shares jump 11% on debut

Friday, May 18, 2012, 21:07:08 (IST)
NEWS FLASH Facebook shares have marked their debut on the Wall Street. At 8:55 p.m. IST (11:25 a.m. ET), shares of the social networking giant, trading under the FB symbol, jumped 11 per cent. The initial share price was $38 apiece. The price gave Facebook a market value of $104 billion. With the share price surging 11 per cent, the company's market value has soared to $ 115 billion.       Advertisement         Talk Storage and win cool gadgets »  Share your favourite Dell Storage Forum tweets on your Facebook, Linkedin or Twitter pages; write a slogan »   Win Dell Ultrabooks, Smartphones, and more.   Dell Storage Forum India Mumbai 2012 Grand Hyatt, Santacruz, Mumbai 18th May 2012         Unsubscribe   News updates @ www.ndtv.com

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