Facebook makes successful debut on Nasdaq with 13% IPO rise

Facebook made today its debut on Nasdaq stocks and its shares rose up by 13% jumping from an initial $38/share to $43/unit, after the company claimed 18.4 billion dollars in one of the largest initial public offering in the U.S. history, informs Reuters

After a delay of the transactions start, which caused concern among brokers, Facebook shares opened up 13%, to $ 43 per unit compared to the public offering price of $38 per unit.

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Cheered with thunderous applauses of employees and flanked by Chief Operations Officer Sheryl Sandberg and Nasdaq CEO, Robert Greifeld, the general manager of Facebook Mark Zuckerberg rang Nasdaq bell to mark the commencement of the trading.

The social network had over 900 million users worldwide in 2011 and recorded a profit of one billion dollars.