Facebook (FB) will likely price its IPO at $38, the high end of its $34-$38 price range, the WSJ...

|About: Facebook (FB)|By:, SA News Editor

Facebook (FB) will likely price its IPO at $38, the high end of its $34-$38 price range, the WSJ reports. That would translate into a market cap of $104B. However, it's added "discussions are still fluid." Facebook is also expected to sell its entire over-allotment option, which means $18.4B worth of shares will be sold in the offering.