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(Image credit: Mark Lennihan/AP Photo) Facebook announced today that its initial public offering of common stock will be priced at $38 a share, valuing the company at $104 billion, the largest IPO for a U.S. tech company ...

Facebook has announced a stock market flotation valued at up to $95bn (£59bn), making firm founder Mark Zuckerberg worth around £11bn.

Revenue surges, profit slips