Is Facebook's Value Stabilizing? $87.5 Billion For 2 Months
For three auctions in a row, Facebook shares have closed at $35 apiece on SharesPost, for an $87.5 billion valuation.
For three auctions in a row, Facebook shares have closed at $35 apiece on SharesPost, for an $87.5 billion valuation of the social network.
That assumes Facebook still has 2.5 billion outstanding shares.
We haven’t seen nor heard of any other transactions in Facebook stock over the course of time in which the three SharesPost auctions in a row have closed at $35. So, the $87.5 billion value has held since May 27.
For a stock that has previously been highly volatile, remaining at the same value is pretty novel.
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