Facebook (FB) Expected to Price IPO at Higher Range of $34 - $38/Share
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According to the WSJ late Monday, citing people familiar with the matter, Facebook (Nasdaq: FB) plans to price its IPO at $34 to $38 per share. The price range gives Facebook a valuation between $93 billion and $104 billion.
The previous range was from $28 to $35 per share.
At $104 billion, Facebook would be the most highly-valued American IPO in history.
The previous range was from $28 to $35 per share.
At $104 billion, Facebook would be the most highly-valued American IPO in history.
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