Thu, May 17, 2012, 5:05 PM EDT - U.S. Markets closed

A Facebook application logo is pictured on a mobile phone in this photo illustration taken in Lavigny

Facebook Prices IPO at $38

Reuters

Facebook Inc priced its initial public offering at $38 per share, valuing the world's largest social network at more than $100 billion. At that price, the offering would raise as much as $18.4 billion. The social-networking giant’s shares will begin trading Friday morning on the Nasdaq Stock Market, under the ticker symbol “FB.” More »Facebook Prices IPO at $38

 

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