Wednesday, July 31, 2013

Facebook Share Price Reaches IPO Levels at 38 - Mike Isaac - Social - AllThingsD

That didn't take long
"It has been an ugly year for Facebook stock. But perhaps not for much longer.
Shares of Facebook finally rose close to the company’s IPO price on Tuesday afternoon, nearing the $38 per-share amount that the stock first debuted with in May of 2012. The stock closed at $37.61, a single-day gain of about six percent.
The stock has risen more than 43 percent in the span of a week, a massive turnaround for a security which at its lowest point dropped nearly 20 points from the company’s initial price."
Facebook Share Price Reaches IPO Levels at 38 - Mike Isaac - Social - AllThingsD

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