Facebook reportedly is getting set to debut on Wall Street.
The social networking giant will file papers for its initial public offering this week, one of the most anticipated in years, analysts said.
Reports said it could be one of the biggest stock debuts ever for an American company. Facebook is expected to be valued between $75 and $100 billion.
However, according to Forbes, the are a number of reasons why the reported IPO is irrelevant.
For one, writes Peter Cohen, "It's grossly over-valued." and "won't unleash capital spending."
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If you looked up at the sun Monday (hopefully with proper protection), you probably saw a rainbow around the sun. It's also known as a 22 degree halo, or sun halo.