Facebook on Monday raised the price for its initial public offering to $34 to $38 a share, the Wall Street Journal reports. That’s up from $28 to $35 a share, and raises the company’s valuation to $104 billion. Facebook shares are expected to start trading later this week.
Report: Facebook IPO Could Hit $104 Billion
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May 15, 2012 2:52 a.m.
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