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Facebook IPO to be Repriced Higher at $34 to $38 Range

Facebook has shown the world way business needs to be done and its IPO price per share is going to increased from $28 to $35 range it set earlier this month to $34 to $38 each. They need to approach Securities and Exchange Commission seeing the strong demand for their shares despite slowdown in the economy.

The Facebook IPO post listing on day 1 will make its valuation at $81.2 billion. A great thumbs up for a great internet story which can serve as a role model for a number of internet entrepreneurs.

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