Trading in the U.S. on Facebook won’t start until 11:00 AM ET.
But according to Bloomberg, there are bids for the stock at 58.20 EUR in Germany, and that’s $74/share!
That would be a HUGE, nearly 100% gain from the $38 where it orignally priced.
We’re not sure whether there have been trades, or what that means for U.S. trading, but WOW!
If that holds in that area, we’re looking at a market cap of over $200 billion.
UPDATE: Here’s a screengrab from the Deutsche Boerse showing the bid/ask, which is showing a couple lower.