Facebook's recent IPO filing and upcoming debut on the Nasdaq may be eliciting speculation of weak demand, but some sources say the social network is doing just fine in rounding up investors.
According to Reuters, which spoke to sources familiar with the share listing, Facebook's IPO is "already oversubscribed." The news source reported that institutional investors have currently "indicated demand for more shares than Facebook has available."
But it hasn't been so rosy up til now. Just yesterday, news broke that the social network amended its S-1 filing with the SEC to emphasize … Read more