June 3, 2011 | In: General

What Will Be Facebook’s Stock Ticker Symbol?

Facebook’s IPO is probably the most awaited IPO of all time. I’m sure that first day’s volume will be worth at the very least $2 billion. I have no idea what the price of the share will be, though a $100 is a very likely figure.

Now the question on everybody’s mind, is what will Facebook’s stock ticker symbol will be? Until this very moment, there is no official word from Facebook on the its stock ticker and the stock market it’ll be trading in (NYSE or NASDAQ), so everything I will say from this moment on is pure guessing…

Early last month, LinkedIn became public, and what was its stock ticker? LNKD, and it was listed on the NYSE. Now we all know that LinkedIn is very comparable to Facebook: they are in the same industry, they have a very similar business (but both the audience’s quality and quantity are different), and they both don’t need the money in the first place!

Anyway, I’m sure you already noticed when examining LinkedIn’s ticker, is that they removed all the vowels from the company’s name to get the ticker symbol, so if we do the same to Facebook, what we will get will be “FCBK“, which is OK, but how about FACE, isn’t FACE more attractive? Well, FACE is taken on the NASDAQ, which means that it cannot be chosen even if Facebook decides to be listed in the NYSE, as you can’t have two different stocks with the same ticker symbol in the two markets (NYSE and NASDAQ). I don’t know if it’s a rule, and if somebody can find such stocks, please let me know.

Since FACE is taken, how about BOOK (the second part of the word). I think that BOOK will be a bit odd for Facebook, especially because it loses the brand completely (people will associate the stock with a book, which is wrong). BOOK is available on both the NYSE and the NASDAQ. Now how about FBOOK? I also believe it won’t work, because now it’s a 5 letter ticker, which most people will think it’s lame, especially for a company such as Facebook (but hey, the most expensive stock in the world has a 5 character ticker symbol).

How about FB? FB is nice, and it fully represents Facebook, as most people refer to Facebook as FB, and fortunately, it’s not taken in either market! Not only that, it’s a two letter ticker symbol. I personally vouch for this one to become the official Facebook’s stock ticker symbol. The second best alternative is FCBK.

Now where would Facebook be listed? It seems to me that since LinkedIn was listed on the NYSE, then so will probably Facebook. However, it makes more sense for a technology company to be listed on the NASDAQ.

Facebook’s IPO should be upon us (very) soon and time will tell!

6 Responses to What Will Be Facebook’s Stock Ticker Symbol?

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LNKD: One of the Most Overvalued Stocks of All Time « Fadi El-Eter

July 28th, 2011 at 10:05 am

[...] will be another market crash because of all these junk stocks (such as LNKD, YOKU, DANG, and maybe FB) in the next year or [...]

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How Can I Buy Facebook Stock? « Fadi El-Eter

September 27th, 2011 at 3:46 pm

[...] but make sure you know Facebook’s stock symbol [...]

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Fadi El-Eter

February 3rd, 2012 at 5:11 pm

Quick update on the post: 7 months after my post Facebook chose “FB” as a stock symbol – it is now official.

I wonder if Zuckerberg read my post!

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Is Rovio a Public Company? « Fadi El-Eter

April 18th, 2012 at 5:23 pm

[...] I personally think that that they will probably go for Rovi (I was right at predicting Facebook’s ticker, see here). [...]

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Mir hasan

April 22nd, 2012 at 9:44 pm

If LNKD can trade around 100, FB sure will do much better…

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Fadi El-Eter

April 26th, 2012 at 5:10 pm

LNKD is trading around a P/E of 1,000 – in other words – investors expect LinkedIn to remain for the next 1,000 years. LNKD should be trading at around a $1 (which makes it a penny stock). A huge correction is coming for LNKD, GRPN, ZNGA, and the likes. FB need to hurry up with its IPO before this huge correction takes place, and it’ll take place. It’s just not logical.

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