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Celebrating Innovation in the Chicago RegionCHICAGO--(BUSINESS WIRE)--QualSights joined fellow winners of the Chicago Innovation Awards, the Chicago region’s foremost annual celebration of innovation, in New York City yesterday to ring the Opening Bell of the Nasdaq Stock Market. The event emphasizes the surge of in...
from coast-to-coast here in the u.s. we have ali velshi and dan si n simons is outside the headquarters outside menlo park. facebook's price will be showing at the bottom of your screen. let's begin with christine romans in new york. give us the starting price of "fb" the ticker name. this is the third largest public offering behind gm and visa, right? >> reporter: that is right. it could be the second largest by the time all of the trades are said and done. we are still waiting for the indications at nasdaq where it could be. it looks like it will be higher, obviously, no price ther...
debt problems. let's bring in our chief business correspondent ali velshi who is watching all of this. we're about to know any minute now, ali, how much the stock will go for. >> bottom line is they could take hours. we think it will come out very, very quickly. the top of the range is $38, all indications are that facebook is oversubscribed. there are more people who want to buy the stock than there are stocks available and as a result they're going to the high end of the range and they can go higher, but we're thinking about $38 and that is the price at which institutional investor...