Facebook to start trading at 11 a.m., Nasdaq says
By Laura Mandaro
Published: May 17, 2012 5:15 p.m. ET
LauraMandaro
SAN FRANCISCO (MarketWatch) -- Nasdaq OMX Group Inc. NDAQ, -0.69% said late Thursday that the initial public offering of Facebook Inc. FB, +0.19% will start trading at about 11 a.m. Eastern on Friday. The shares will be released on the Nasdaq Global Select Market for quotation at 10:45 a.m. Eastern, the exchange operator said. Earlier, the Menlo Park, Calif.-based social networking company said it priced its debut offering of about 421 million shares of its common stock at $38 a share, the upper end of its range.
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