Looks like May will bring Facebook shares out of the shadows of the secondary markets and into the spotlight. The month before may will be a quiet one though, as the social media company halted all trading of its shares this week. According to SharePost, Facebook is looking “to help ensure its orderly transaction into the public markets”. While it’s common to see a halt before the IPO, this is the first time trading has been halted for as long as a month. Although the $100 billion valuation on the company should merit some special consideration.
Next week offers plenty of meaty economic reports that could move stocks like both ISM reports and monthly employment numbers. If good, it could give us one final surge before earnings season.