Thursday, January 26, 2012

Private Shares on Secondary Markets

Shares of Facebook, which is still defined as a privately held company, trade on the secondary markets of both exchanges:  Sharepost.com and Secondmarket.com.

Facebook contracts yesterday traded in the neighborhood of $34.50 a share on SharePost. At $34.50 a share, the total market capitalization of Facebook would be approximately $82 billion.

Google Inc. (NASDAQ: GOOG) has a $184 billion market capitalization as of last night's close @ $569 per share. Google earned $9.7 billion on $37.9 billion in revenue for the year ending December 31,2011..

Read why Facebook shares will be halted from trading for 3 days: Read Bloomberg report

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