Facebook becomes a public company
The world's biggest social network has become a multibillion dollar public corporation. As Facebook's first day on the stock exchange took place, the Web reacted in real time. Curated by Kris Holt (@krisholt) for the @dailydot.
- Facebook CEO Mark Zuckerberg got the ball rolling on the day when he rang the Nasdaq opening bell.
- The company pulled off a neat trick when it rigged the Nasdaq bell button to add an event to Zuckerberg's Timeline.
- Facebook's CEO also signed Nasdaq with the message: "To a more open and connected world - MZ." That phrase was displayed on Nasdaq's Times Square big screen:
- As the stock market opened, all eyes in New York's Times Square turned to the Nasdaq screen, as The New York Times' Brian Stetler's Instagram photo shows:
- After Zuckerberg rang the opening bell, there was an expected 90 minutes before the stock was expected to start trading, causing impatience among viewers.
- However, there was a delay in proceedings:
- After the shares finally hit the market at around 11:30 am Eastern Time, trading activity took off sharply:
- Since it's such a big day for Facebook, of course some of the focus is on what its CEO is wearing:
- Tumblr's Editor-in-Chief Chris Mohney had his own take on the IPO in inevitable GIF form:
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