FB – Will Start to Trade on Friday, At What Price?

First, last night the underwriters’ have upped and tightened the range of the IPO price of Facebook.  The new range is $34 to $38 a share.  This puts the price of the IPO just under EBV+7.  Here is the chart.

Facebook with weekly price bars, EBV Lines (colored lines) and model price (dashed line)

For those interested, a daily updated chart of FB subsequent to this post will be maintained on Facebook, here.

Just for fun, here is the chart of LinkedIn.  LinkedIn is the smaller cousin of Facebook and maybe interesting to look at in terms of valuation.

Here is the chart.

LinkedIn with weekly price bars, EBV Lines (colored lines) and model price (dashed line)

For those interested, a daily updated chart of LNKD subsequent to this post will be maintained on Facebook, here.

LinkedIn trades between EBV+8 and EBV+9.  If Facebook trades at the same valuation as LinkedIn, Facebook would trade at $88 per share.

Will be interesting to watch.

Other Facebook Blogs from ModelPriceGuy:

February 4, 2012 Facebook – At What Price Should You be a Buyer of the IPO?

February 9, 2012 Facebook – See Our Model Price Chart with Last Weeks Pricing

May 4, 2012 Facebook – At What Price Should You be a buyer of the IPO? (Update 1)

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