{"id":41924,"date":"2013-09-12T07:08:12","date_gmt":"2013-09-12T11:08:12","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=41924"},"modified":"2013-09-12T07:08:12","modified_gmt":"2013-09-12T11:08:12","slug":"facebook-shares-climbs-to-its-highest-since-2012","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2013\/09\/12\/facebook-shares-climbs-to-its-highest-since-2012\/","title":{"rendered":"Facebook Shares Climbs To Its Highest Since 2012"},"content":{"rendered":"

By HY Markets Forex Blog<\/a><\/u><\/strong> <\/p>\n

Facebook Shares, edged up more than 3%, beating its previous record of $45 in May 2012. The largest social network is valued at $106 billion, as investors focus on the new mobile advertising gains and potential to increase its ad revenue.<\/p>\n

The social network\u2019s stock rose 3.3% to $45.05.<\/p>\n

On Wednesday, the Chief Executive of Facebook, Mark Zuckerberg spoke at the technology conference in San Francisco and said the IPO process had assisted the social network to grow stronger.<\/span><\/p>\n

“Having gone through what I think most people would characterize as an extremely turbulent first year as a public company, I can tell you I actually don’t think it’s that bad,” said Zuckerberg.<\/p>\n

Investors have reacted positively towards the company\u2019s improved stock figures and the company\u2019s efforts to improve its mobile advertising revenue as it rose by 75% in the second quarter, as it reached analysts estimates.<\/p>\n

Facebook Shares \u2013 \u00a0Facebook Previous fall & estimates<\/h2>\n

Facebook have previously lost its value when it made its stock debut on the Nasdaq exchange in May, 2012, In which the company traded at $38 per share. The company has made efforts to improve and grow its revenue by expanding its mobile advertising, which have attracted more users and investors.<\/p>\n

The company\u2019s shares have advanced 60% higher since July with a better-than-expected earnings reported.<\/p>\n

Facebook said it\u2019s expecting its mobile advertising to exceed revenues from desktop ads, the mobile advertising made up 41% of its total revenue.<\/p>\n

 <\/p>\n

To find out more on our product offerings, visit<\/i><\/strong>\u00a0<\/i><\/b>www.hymarkets.com\u00a0<\/a>and start trading today with only $50!<\/i><\/strong><\/p>\n

The post Facebook Shares Climbs To Its Highest Since 2012<\/a> appeared first on | HY Markets Official blog<\/a>.<\/p>\n

Article provided by HY Markets Forex Blog<\/a><\/u><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

By HY Markets Forex Blog Facebook Shares, edged up more than 3%, beating its previous record of $45 in May 2012. The largest social network is valued at $106 billion, as investors focus on the new mobile advertising gains and potential to increase its ad revenue. The social network\u2019s stock rose 3.3% to $45.05. On … <\/p>\n

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