FACEBOOK came out valued at $US102.8 billion after its final stock auction on the secondary market, Sydney Morning Herald quoted, LA Times reported.
That’s more than $US7 billion beyond what the company was valued at the start of Friday, with its stock price climbing from $US41 to $US44.10 a share.
The trading on SharesPost, a secondary market, is the last time Facebook’s stock will change hands before the company’s IPO in early May.
The $US3.10-per-share increase means the 120 million Facebook shares Mark Zuckerberg purchased last week at 6 cents a share have already increased their value and are now worth nearly $US5.3 billion.
More than $US425 million in share and unit sales took place in Friday’s Facebook stock auction, according to an email from a SharesPost spokesman.