The social networking phenomenon, expected to debut on Friday, raised its projected price range to between $34 and $38 a share earlier this week. Facebook had initially predicted a range of $28 to $35 a share.
At the new price range, Facebook will have a valuation between $93 billion and $104 billion, significantly above the market caps of tech heavyweights Dell (DELL - Get Report) and HP (HPQ - Get Report).
Facebook also estimates net proceeds of $6.4 billion from its IPO, assuming a price of $36, the midpoint of its projected range.On Wednesday, the Menlo Park, Calif.-based firm revised its S-1 filing yet again, adding 83 million shares to the offering. With the most eagerly-anticipated IPO for years almost here, we want to hear what you expect from Facebook shares on their debut. Will Facebook's stock live up to the hype?