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Facebook jumps $32B in 29 days to blast over 14-month old IPO price

Facebook jumps $32B in 29 days to blast over 14-month old IPO price ansik On July 2, Facebook stock was under $ 25. Today, a week after Facebook reported strong earnings and massive mobile ad sales, the world’s preeminent social network is in the the $ 37-38 range, occasionally peeking over the symbolic $ 38 barrier it debuted at. Congratulations, Facebook. That’s an astounding jump of $ 32 billion in company valuation in just 29 days. And if you look at the dark days of Septe | More...


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