‘Facebook Market Cap Tops $200 Billion’ – ‘Mashable’
Seth Fiegerman says, “Facebook is now part of the elite $200 billion club.
Facebook’s stock opened at $77 a share on Wednesday, pushing the company’s market cap above $200 billion for the first time. That’s roughly double what Facebook’s market cap was when it went public in May of 2012.
To put that in context: Facebook’s market cap is now higher than IBM ($192 billion), Amazon ($158 billion) and Pfizer ($186 billion). Of course, it still has quite a way to go to catch up to Microsoft ($370 billion), Google ($397 billion) and Apple ($605 billion)”.
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