Facebook Boosts Its Initial Stock Price

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Social media giant Facebook says it is raising the price of the company stock it is offering to the public.

The Internet-based social network site had initially said the more than 337 million shares of stock it is selling would be priced between $28 and $35 a share chip music download. But with strong demand for the stock from large institutional investors, Facebook said Tuesday it is boosting that range to between $34 and $38 a share herunterladen.

Facebook plans to set the exact price Thursday, …