Home > Finance > Lakewood Church IPO Set For Early Next Year
Finance Ministries Lakewood Church
Lakewood Church IPO Set For Early Next Year

HOUSTON, TX—America’s largest church has filed for an initial public offering which will take place early next year, Lakewood executives as well as a spokesman for the Securities and Exchange Commission confirmed Thursday.

The church will trade on the Nasdaq under the ticker FAVR.

Boasting $80 million in annual revenue from its heavily-trafficked retail operation and lucrative television business—as well as huge profit margins rarely seen in a company of its size—the ministry’s focus on furthering its explosive growth immediately solicited excitement from institutional and individual investors alike.

A Lakewood spokesman has confirmed Lakewood CEO Joel Osteen’s intention to ring the Nasdaq’s opening bell on the day of the IPO.

Breaking: Paypal Now Available

Many of you told us you wouldn't subscribe until we offered Paypal as a payment option. You apparently weren't bluffing, so we finally caved and added Paypal. Now — like the unbeliever faced with God's invisible qualities displayed in nature — you are without excuse.