Facebook has hit a new record high valuation of secondary markets today. The company has seen its stock reach $103.4 billion in value, which far above the expected range of $75 to $100 billion that people believe Facebook will IPO at. This shows that not only is there pent up demand for the company after years of waiting, but that the company may have to reconsider how highly it will value itself on the public markets.

[Source: AllFacebook]