Social Media Tech Stock Alert: Facebook (FB) $50 and Fabulous
Ideas get bigger when you share them...
New York, NY, Point Roberts, WA - September 27, 2013 (www.investorideas.com newswire) Investorideas.com, an investor research portal specializing in sector research for independent investors issues a trading alert for Facebook, Inc. (NasdaqGS :FB), trading at $50.77, up 0.38 or 0.76% as of 10:45AM EDT on volume of 28,729,362 shares. The stock broke through $50 this week as analysts upgraded the stock.
UBS analysts raised the price from $45 to $60 based on Facebook's ad success.
Investors are "liking" the stock following the run in the past few months.
3 month chart
Founded in 2004, Facebook's mission is to give people the power to share and make the world more open and connected. People use Facebook to stay connected with friends and family, to discover what's going on in the world, and to share and express what matters to them.
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