Facebook IPO at the jaw-dropping stats

Visitors watch as Facebook is listed on the Nasdaq stock exchange, shown on the board in Times Square in New York. (Carolyn Cole, Los Angeles Times / April 17, 2012) 

On Monday, Facebook raised the stock's projected price to a range of $34 to $38 from the initial $28 to $35, and priced it at the peak of $38 on Thursday. That made Facebook far more expensive than established competitors such as Apple Inc. and Google Inc. based on the companies' earnings. 

38.23 +0.23‎ (0.61%‎)  May 18 4:00pm ET

Open:  42.05 High:  45.00 Low:  38.00

Volume:  580,587,742 Avg Vol:  0 Mkt Cap:  N/A

38.23 +0.23‎ (0.61%‎) 

May 18 4:00pm ET

Open:	42.05
High:	45.00
Low:	38.00

Open: 

42.05

High: 

45.00

Low: 

38.00

Volume:	580,587,742
Avg Vol:	0
Mkt Cap:	N/A

Volume: 

580,587,742

Avg Vol: 

0

Mkt Cap: 

N/A

Other news of Facebook - Facebook Class Action Lawsuit Seeks $15 Billion for Privacy Violations. A class action lawsuit filed against Facebook in California is seeking a whopping $15 billion in damages for privacy violations tied to the tracking of Web users. A class action lawsuit filed against the social networking giant combines 21 lawsuits from across the country. Separately, a German official has also expressed concerns about Facebook's privacy approach as well.