Facebook increases share price
15/05/2012 - 14:50:36Facebook has bumped up the price it plans to charge for shares at its stock market debut.
The initial public offering will now see shares priced from $34 to $38 a share, putting a value on the company of around $100bn.
This would make it the most valuable US web company at the time of an IPO, topping Google's $23bn valuation in 2004.
Trading is expected to begin on Friday.