Facebook's pending $5 Billion IPO has investors buying into the sector ahead of its market debut expected in May. Most retail investors know the chance of participating in the IPO are slim and none so they are entering the game with some of the other well known players in the space.
Social Networking stocks Snapshot Trading February 3rd
FriendFinder Networks Inc. FFN is becoming a best friend to investors this week, trading up again this morning, at 1.3950, up 0.0650(4.89%) 9:54AM EST with a high of $1.47
Groupon, Inc. GRPN is trading up at $23.79, up 0.71(3.07%)
Linkedin Corporation LNKD is moving up, trading at $79.93, up 2.95(3.83%)
Renren Inc. RENN is gaining in morning trading, at $5.66, up 0.24(4.43%) 9:58AM EST
SINA Corporation SINA is trading at $76.26, up 0.96(1.27%)
Zynga Inc. RENN is running, trading at $13.24, up 0.85(6.90%)
Read the entire S1IPO filing for Facebook: http://www.sec.gov/Archives/edgar/data/1326801/000119312512034517/d287954ds1.htm
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