90
      Thursday
      93 / 75
      Friday
      88 / 70
      Saturday
      85 / 65

      Facebook raises IPO price

      NEW YORK (AP) - Facebook is raising the price at which it plans to sell stock to the public.

      The social networking company said in a regulatory filing Tuesday that it expects to sell its stock for between $34 and $38 per share. That's higher than a previous range of $28 to $35.

      The increased range is a sign of high demand from investors to own a piece of the world's most popular social network. The initial public offering is the most hotly anticipated in years and would value Facebook at more than $100 billion. The offering is expected to happen Friday.

      Facebook has more than 900 million users who log in at least once a month.

      PHOTOS: The world's 10 largest IPO's

      The Wall Street Journal says that Zuckerberg, who turned 28 on Monday, has been criss-crossing the country meeting with potential investors for the past several weeks.