The Madeleine Brand Show

The Madeleine Brand Show is a daily, two-hour program that looks at news and culture through the lens of Southern California. Hosted by Madeleine Brand

Facebook IPO hits the market

by The Madeleine Brand Show

38525 full
A Nasdaq television reporter is seen inside the Nasdaq studios as the Facebook logo is displayed on a ticker board on May 17, 2012 in New York City. Facebook will list their IPO on Nasdaq on Friday morning with an opening price of $38 per share. Justin Sullivan/Getty Images

The most valuable American company to ever go public is creating a frenzy on Wall Street. According to CNBC, 82 million shares were traded in the first 30 seconds after a hoodie-wearing Mark Zuckerberg rang the opening bell on Wall Street. Trading started a half hour late. And is now at around $40 a share.

New York bureau chief for Marketplace Heidi Moore joins the show with more.


Heidi Moore is New York bureau chief for Marketplace.

blog comments powered by Disqus

Enjoy The Madeleine Brand Show? Try KPCC’s other programs.

What's popular now on KPCC