RT @TheAtlanticWire: Update: NASDAQ has halted trading onFacebook due to unprecedented demand http://theatln.tc/J6lZvu
Facebook is now (almost) officially on sale! We'll be keeping updated all afternoon with any news on sales, prices, and other breaking news from the biggest initial public offering in history. Here's a preview to get you started.
10:57 a.m. ET: We're minutes away from the first trades going live and after pricing the IPO at $38 a share — which is what lucky initial investors get to pay for it — estimates are that the first trades will go off at around $43.
11:01 a.m. ET: Facebook trading has pushed back from 11:00 am to 11:05 to give IPO more time to process. Keep waiting!
11:05 a.m.: Carlos Quintinalla of CNBC says that for every $10 that Facebook's stock price rises above $38 ... that's $4 billion in value to shareholders. More fun facts from Carlos: Bono, who made a significant investment in the company will make more money today than his entire career in music.
11:08: Trades are now delayed until 11:15.....
