Signs Point Toward Facebook's IPO, Although The Company Denies It

Yesterday afternoon, the Wall Street Journal wrote that Facebook had restructured their share structure to give existing shareholders greater voting rights. It’s a step most companies take prior to going public, but when asked about the company’s intentions, Facebook stated that they have “no plans” to go public “at this time”. Despite their supposed lack of plans, chatter is increasing about the company’s desire to have a public offering, resulting in an dramatic increase in price of privately traded shares.