Report: Facebook Stock to Price Up to Mid-$30s

A published report says Facebook is seeking a valuation of $85 billion to $95 billion when it goes public in a few weeks.

Facebook is planning to set the price range for its impending initial public offering in the high-$20s to mid-$30s a share, valuing itself at roughly $85 billion to $95 billion.

Social media giant Facebook has set a price range for its initial public offering at the high-$20s to mid-$30s per share range, according to a report on The Wall Street Journal’s website. It would put a valuation for Facebook of $85 billion to $95 billion, the Journal said.

Many young people share the same dream of ditching the suburbs to live in America’s largest city, New York. But making it in the Big Apple as a person in your late 20s or early 30s isn’t as glamorous as they make it out to be in Sex in the City or Girls. 

Maybe you lost this in the New Year's shuffle like we did, but the Wall Street Journal blog, Deal Journal put out its list of the biggest losers of 2012 and almost all of them are Wall Streeters.

(Reuters) - Spotify is in the middle of a $100 million financing round that could value the music streaming company at just over $3 billion, the Wall Street Journal reported citing sources. The Journal said Spotify would raise the fresh capital from multiple investors including Goldman Sachs. The WSJ report did not name any other investors. Spotify has raised capital from outside investors several times since it set up shop in 2006, and was earlier reported to have been looking to secure a capital boost of about $200 million, at a valuation of about $4 billion. ...

The estimated target, which will be included in a revised prospectus filing, is expected to be in the high $20s to mid $30s range, putting Facebook on track to go public with a market value at close to $80 billion or more.

Facebook will make its stock market debut in May with a record-setting initial public offering of shares, according to a report in the Wall Street Journal.The world's leading online social network has stopped selling shares on the secondary market in order to get a precise count of investors, the Journal said, citing unnamed sources.Facebook on Tuesday modified its filing with the US Securities and Exchange Commission to warn potential investors that a patent lawsuit against the company by Internet pioneer Yahoo! could deliver a significant blow to its business.