Facebook to Price Around $38, Says WSJ
Posted on May 17, 2012 at 14:22 PM EDT
The Wall Street Journal‘s Deal Journal‘s David Benoit today reports that Facebook will likely price its initial public offering toward the top of a quoted range of $34 to $38, citing unnamed sources. The IPO would be worth $18.4 billion, writes Benoit, having sold out its entire “over-allotment,” and Facebook will have a market value at [...]