Facebook (NASDAQ: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.
Facebook (NASDAQ:FB) will likely price its IPO at $38, the high end of its $34-$38 price range,...
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Symbol | Last Price | % Chg |
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META | - | - |
Meta Platforms, Inc. |