Why is the market cap of Facebook wrong on google finance?
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what the value of number of outstanding shares of facebook wrong on google finance? http://www.google.com/finance?q=NASDAQ%3AFB&ei=jhdBUID2LIn7kAWh9AE
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Answer:
http://techcrunch.com/2012/05/15/facebook-files-new-s-1-pricing-34-38-per-share-adds-50-6m-shares-of-class-a-stock-raising-14-7b/ This link mentions that the Total Class A and Class B Facebook common stock to be outstanding: 2,138,085,037 which is taken as the total share count by google finance. Where yahoo finance has taken this to be 2,741,527,754 which is the actual outstanding count on the day it went for IPO
Ramnik Jain at Quora Visit the source
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