Facebook Shares Priced at $38 for IPO

Eduardo Saverin, getting a head-start for Singapore...

Facebook is reportedly pricing their IPO offering at $38 per share, at the extreme high end of the previously announced $35-$38 range.

If they get that price, Facebook's total valuation would be approximately $104 billion, with the stock sale raking in some $18.4 billion, total.


via: CNBC; WSJ