"It has been an ugly year for Facebook stock. But perhaps not for much longer.Facebook Share Price Reaches IPO Levels at 38 - Mike Isaac - Social - AllThingsD
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."
Wednesday, July 31, 2013
Facebook Share Price Reaches IPO Levels at 38 - Mike Isaac - Social - AllThingsD
That didn't take long
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