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Facebook share price is over $38 before the market opens on Wednesday

  sonic0002      2013-07-31 07:45:18      1,159    0    0


According to Sina Tech, Facebook share price is over $38 before the market opens on Wednesday. It's the first time that its share price is over $38 since its IPO last year.

In May 2012, Facebook went to public on Nasdaq with a releasing share price of $38. The share price went below $38 after the first trading day. Then after its share price kept dropping until last September it reached to its lowest point with a share price of $17.58.

But as Facebook's performance was better than expected last quarter and its mobile end revenue also keeps growing, its share price grew gradually..

On this Tuesday, Facebook's opening price was #35.65, and its closing price was $37.63. Before today's trading starts, Facebook's price is over $38. It's expected its share price will continue to grows as its strategy on mobile end is much maturer.



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Developer and product manager

By sonic0002
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