Thursday, May 23rd, 2013
Follow us on:

Hot stock: Facebook stock price surges

Facebook (FB) stock price once rose 3.8% in the pre-market trading Wednesday. Yesterday, Facebook co-founder and CEO Mark Zuckerberg said in the TechCrunch Disrupt conference, that Facebook to get involved in the search engine market has unique advantages, someday, it will launch its own search service.

Zuckerberg said that they basically deal with one billion times inquiries a day. They have unique advantages in answering the users’ questions and the company’s team is engaged in work in this area.

Facebook stock price continued to open higher and moved up, and once rose more than 8.9% and finally settled at 20.93, representing an increase of 7.73% in the regular trading Wednesday. Facebook stock price has rallied 19.3% compared to its lowest price of $17.55 hit in early September, but is still far below Facebook IPO price of $38.

Apple (AAPL) announced in the iPhone 5 conference Wednesday that it will integrate Facebook applications into the operating system, so that it is more convenient for users to share pictures, and more.

In addition, Facebook CEO Mark Zuckerberg appeased investors, saying the company has the ability to earn income from mobile device users.

Tags: 
Find Penny Stock Trading Secret
Learn how to retire a multi-millionaire starting with $1,000. How does one trade per week turn chump change into a massive $5.7 million cash avalanche? You don't risk a single cent!
blog comments powered by Disqus