The very first trade of a stock in the open market is by most accounts considered the IPO price or opening bid which for FB was 42.05. The IPO offer price was

The very first trade of a stock in the open market is by most accounts considered the IPO price or opening bid which for FB was 42.05. The IPO offer price was $38. http://seekingalpha.com/article/217235-ipo-offering-vs-opening-prices-the-16-difference http://seekingalpha.com/article/217235-ipo-offering-vs-openi... http://i.stack.imgur.com/35bNv.jpg http://i.stack.imgur.com/35bNv.jpg