Small Investors May Get to Own a Bit of Facebook
CNBC Friday 4th May, 2012
If you are a small investor, lots of luck. Typically, shares of the hottest initial public offerings go almost entirely to the biggest clients of the Wall Street banks that oversee the stock sale. And no I.P.O. is as big or as eagerly awaited this year as Facebook's. Yet there may be a sliver of hope. Facebook's executives and underwriters have discussed raising the number of shares that will go to retail investors, say people briefed on the matt...
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