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Hurry up and wait: Trading in Facebook IPO delayed

May 18, 2012|By Walter Hamilton
  • The start of trading in Facebook Inc. has been delayed
The start of trading in Facebook Inc. has been delayed (Joel Saget / AFP/Getty Images )

Investors waiting for trading ofFacebook Inc.shares to begin will have to wait a bit longer.

The Nasdaq stock market announced Friday morning that it was "experiencing a delay" in opening sales of the stock, according to Bloomberg. Trading was scheduled to begin at 8 a.m. Pacific time.

It appears as though the shares will begin trading at around $42 when the stock opens.

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