Shares in Facebook closed at $218.30 on Thursday, exceeding their previous high of $217.50 in July 2018 and valuing the company at $622bn. The social media group’s shares were on track to open higher again on Friday morning as New York trading began, at a time when the S&P 500 is also at a record high and Apple saw its market capitalisation hit $1.37tn. Facebook’s milestone comes as its founder and chief executive Mark Zuckerberg pledged to take a “longer-term focus” in what has become an annual tradition of outlining “personal challenges”. Read More...
Shares in Facebook closed at $218.30 on Thursday, exceeding their previous high of $217.50 in July 2018 and valuing the company at $622bn. The social media group’s shares were on track to open higher again on Friday morning as New York trading began, at a time when the S&P 500 is also at a record high and Apple saw its market capitalisation hit $1.37tn. Facebook’s milestone comes as its founder and chief executive Mark Zuckerberg pledged to take a “longer-term focus” in what has become an annual tradition of outlining “personal challenges”.
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