After an ugly 15 months of trading, the Facebook stock price (Nasdaq: FB) has not only passed its $38 initial public offering (IPO) price, but it has more than doubled over the last two months and is up an astounding 85% year to date.
With one billion users, investors have been waiting to see if Facebook’s business model can pay off, especially after its IPO tanked.
This is a syndicated repost published with the permission of Money Morning. To view original, click here. Opinions herein are not those of the Wall Street…
This is a syndicated repost published with the permission of Money Morning. To view original, click here. Opinions herein are not those of the Wall Street…
This is a syndicated repost published with the permission of Money Morning. To view original, click here. Opinions herein are not those of the Wall Street…
This is a syndicated repost published with the permission of Money Morning. To view original, click here. Opinions herein are not those of the Wall Street…