Facebook Valuation Rises To $52.1 Billion In Latest Auction
Facebook's valuation has risen to another all-time high, $52.1 billion, based on the latest auction results on SecondMarket.
Facebook’s valuation has risen to $52.1 billion, based on the latest auction results on SecondMarket. Yes, that’s another all-time high.
The latest private market sale of Facebook shares saw a 4.2 percent increase in the closing price compared to the previous transaction, according to an email that TechCrunch published.
The recent deal closed at $21.90 per share, compared to a previous $21.01 a share. But the growth rate in the latest deal was technically twice that of the prior one, which had only resulted in a 1.2
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in