Thursday, July 24, 2014

Facebook stock soars, as company briefly passes IBM in market value - San Jose Mercury News

Sign of the times

"For a time on Thursday, a company based on sharing "likes" and photos was worth more than storied computer pioneer IBM.

A surge in mobile ad sales sent Facebook's shares rocketing to new heights Thursday, driving its stock market value temporarily higher than IBM's and lifting the social network to the rank of third-most-valuable company in Silicon Valley, behind Apple and Google."
Facebook stock soars, as company briefly passes IBM in market value - San Jose Mercury News
Post a Comment