‘Facebook’s Market Cap Tops $100 Billion’ – ‘Mashable’
The latest post on ‘Mashable’ is titled “Facebook’s Market Cap Tops $100 Billion”.
Seth Fiegerman says, “The social networks’s market cap topped $100 billion Monday, peaking at around $101 billion in early trading, according to data provided to Mashable by FactSet.
Facebook had been valued at $100 billion on the second market in the month prior to going public in May 2012. The company initially raised $16 billion from its IPO, valuing it at just more than $104 billion. However, its market cap declined rapidly in the following months“.
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