Apple’s iPad Mini Sales Exceed Expectations and 3 Tech Titans on the Move
Facebook, Inc. (NASDAQ:FB): Current price $27.82
According to Bloomberg data, last year Facebook’s total share sales, worldwide, increased by 7.4 percent to $478 billion. JPMorgan (NYSE:JPM), and Morgan Stanley (NYSE:MS) tied for first place in the annual Bloomberg Markets ranking of underwriters, with each earning an estimated $1.16 billion in fees. Both banks worked on Facebook’s initial public offering and the United States sell-down of American International Group (NYSE:AIG) stock. The Total IPO fees plunged 32 percent to $4.3 billion in 2012.