This morning, Facebook Inc. (NASDAQ:FB) broke another record; its stock passed the $72 mark. That is a 0.6% move upward before comfortably settling in at the $72 level. That is a far cry from its $18 per share debut, when it filed its IPO back in 2012. So, what is the root of the … [Read more...]
Facebook’s Unlikely Turnaround
Leading up to Facebook’s (FB) IPO, everyone was looking for a way to get their hands on shares of (NASDAQ: FB). Unfortunately, the IPO failed to impress investors and ultimately there were too many shares offered, dragging down the price. In the ensuing months, Facebook continued to … [Read more...]