upper waypoint

Facebook Sets IPO Price at $28 - $35 Per Share

Save ArticleSave Article
Failed to save article

Please try again

NEW YORK (AP) Facebook has set a price range of $28 to $35 for its initial public offering of stock.

At the high end, this could raise as much as $11.8 billion.

That's much higher than any other Internet IPO in the past, even Google Inc. in 2004.

The range came in a regulatory filing (pdf) Thursday.

The Wall Street Journal reported earlier Thursday that the price range would value Facebook Inc. at $85 billion to $95 billion.

Sponsored

lower waypoint
next waypoint
California Legislature Halts 'Science of Reading' Mandate, Prompting Calls for Thorough ReviewProtesters Shut Down I-880 Freeway in Oakland as Part of 'Economic Blockade' for GazaForced Sterilization Survivors Undertake Own Healing After Feeling 'Silenced Again' by StateHalf Moon Bay Prepares to Break Ground on Farmworker HousingRecall of Alameda County District Attorney Pamela Price Qualifies for a VoteHow Aaron Peskin Shakes Up S.F.’s Mayoral RaceSilicon Valley Readies for Low-Simitian House Race Recount — but How Does It Work?Feds Abruptly Close East Bay Women’s Prison Following Sexual Abuse Scandalsare u addicted to ur phoneTesla to Lay Off 10% of Workforce Amid Sluggish Sales