The bankers have set Facebook’s initial stock price at $28 to $35 a share, which values the company at somewhere around $86 billion, making it one of the most value corporations in the world. According to an article in the New York Times, Facebook should start trading on Nasdaq May 17 or May 18.
At times like this, the cheerleaders and naysayers come out in equal measure. The cheerleaders say such an evaluation is actually undervaluing the company:
Others aren’t so sure: