Facebook raises IPO range, targets $12.1 billion: source

NEW YORK/SAN FRANCISCO (Reuters) - Facebook Inc has raised the price range on its initial public offering to $34 to $38 a share in response to strong demand, a source familiar with the situation said, giving the No.1 social network a valuation exceeding $100 billion.

Facebook has raised the price range on its initial public offering to $34 to $38 a share in response to strong demand, a source familiar with the situation said, giving the social network a valuation exceeding $100 billion. At the midpoint of $36, Facebook would raise $12.

Facebook Inc has raised the price range on its initial public offering to $34 to $38 a share in response to strong demand, a source familiar with the situation said, giving the No.1 social network a valuation ...

The No.1 social network has raised the price range on its initial public offering to US$34 to US$38 a share in response to strong demand, a source familiar with the situation said, as it seeks to raise US$12.1-billion

By Moby Waller:The social media behemoth Facebook (FB) is going public this week, with a new stock symbol of FB. This is pretty much the most anticipated Initial Public Offering (IPO) since Google (GOOG) in 2004. GOOG was offered in the IPO at around $85/share, started trading at about $100, and is now about $628 - hence why many people are interested in the Facebook IPO.

SAN FRANCISCO (Reuters) - Facebook Inc

SAN FRANCISCO (Reuters) - The New York Stock Exchang