Not only Mark Zuckerberg must be a billionaire but now it can be confirmed that Facebook is now worth more than Amazon.com after the report being released yesterday. This is because if it were to be calculated, then the net worth of Facebook would perhaps be well over 190 billion US dollars! The shares of Facebook were also reported to be pretty much stable too and were being traded comfortably in the stock market.
Following yesterday’s earnings report, Facebook shares hit an all-time high in after-hours trading at $75. Price has been very stable this morning as well, confirming yesterday’s pop. Shares opened at $75.96 a share, then set a new record at $76.74. Now, shares are trading at $75.13.
If you remember then Facebook went public in the month of May in the year of 2012. Since then Facebook has fared well and could be a perfect example of a tech based company which has fared well since going public.
Perhaps making Facebook available in both mobile and PC/Laptop platforms was one of the best decisions taken since the adds that appear in both Mobile and PC based versions seems to be helping them to earn their revenue comfortably enough.
And here’s the crunchy fact of the day, Facebook is actually more than 8 times worth money than Twitter.
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