Facebook shares were involved in some large transactions in recent days, with moves by Chief Operating Officer Sheryl Sandberg, board member Peter Thiel, and Russian Internet company Mail.ru Group making the news.
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Facebook Co-Founder and CEO Mark Zuckerberg was in Moscow Monday to meet with Russian Prime Minister Dmitry Medvedev and Deputy Prime Ministers Arkady Dvorkovich and Vladislav Surkov.
Russian Facebook clone VKontakte is reportedly saying “nyet” to an initial public offering for now, scared off by the issues Facebook encountered with its IPO earlier this month.
Now that trading of Facebook stock is under way, CNBC launched a real-time tool that updates the worth of major stake-holders in the social network, based on its stock price.
The much-ballyhooed Facebook initial public offering will open trading Friday morning at $38 per share, the top end of the range the social network filed with the Securities and Exchange Commission earlier this week, CNBC reported.
