Facebook equity on many markets?

[greenglow560]

Facebook is listed on many different markets around the world because they want to give people the opportunity to buy stock in the company. The reason for the different quote is primarily because they are denominated in different currencies. For example the Euro in the European-based exchanges.

Therefore, all the different quotes don't sum up to the price of facebook in the United States, but are actually comparable to the price in the United States exchange. Essentially, you're trading the same share in FB...just in a different currency

So, FB's stock price in the United States could hypothetically be
$30.50 = $27.80 Euros = 30.20 Canadian Dollars = 4500 Yen...etc

Fb is not the only example. AAPL, Royal Dutch Shell (aka Shell Oil), Sony, Microsoft are just a few more examples.

What happens is that msot of the time companies will list their stock on the primary exchange in the country they're headquartered in. Then they will list their stock on exchanges outside of their primary base....also known as 'Depository Receipts'. When an foreign-based company does it in the United States, it's known as an American Depository Receipt (ADR).

Hope this helps