Social Pro Daily

E*Trade Might Be Average Investors’ Best Bet For Facebook IPO

Investment king Warren Buffett said Friday that he will not buy Facebook shares when the company’s initial public offering launches May 18. But what about average investors who want to get in on the action? Might E*Trade be able to come to their rescue?

DavidCohen
By David Cohen

Investment king Warren Buffett said Friday that he will not buy Facebook shares when the company’s initial public offering launches May 18. But what about average investors who want to get in on the action? Might E*Trade be able to come to their rescue?

CNNMoney reported that the addition of E*Trade to the list of its IPO underwriters, now numbering 33 in total, may be aimed at giving the average investor a shot at participating in the activities of May 18.

According

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DavidCohen

David Cohen

David Cohen is editor of Adweek's Social Pro Daily.

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