Facebook at 99 Times Profit Exceeds 99% of S&P 500 Index: Tech – San Francisco Chronicle
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Facebook at 99 Times Profit Exceeds 99% of S&P 500 Index: Tech
San Francisco Chronicle The high end of the proposed valuation would make Facebook more costly than every member of the S&P 500 relative to earnings except for Amazon.com Inc., Leucadia National Corp. and Equity Residential, data show. While 27-year-old Chief Executive … Facebook's Valuation Higher than 99% of S&P 500 Facebook Initial public offering price set at $ 28-35 , values itself at $ 96billion |
