As Facebook raised the expected range of the stock to $34-$38 per share, up from previous range $28-$35, those early investors are looking to cash out more shares.
Tags: Mark Zuckerberg
Facebook surpasses expectations, gains big
Facebook traded above USD 30 on Thursday for the first time in five months. For the first time in five months, Marc Zuckerberg's brainchild, Facebook Inc.
Facebook stock soars due to mobile ads
Mobile advertisements amounted 41% of the company's total ad earnings. Yesterday's results ended concerns regarding Facebook's inability to adapt with users' usage of mobile devices rather than personal computers.
Facebook breathes easy for now
Facebook continued to be the primary social network used which accounted for its US$1.81 billion earnings from April to June.
Facebook shares rides on strong mobile ads earnings
Facebook shares rose as the company continues to see strong mobile ads earnings. Facebook posted strong stock results Wednesday. The internet giant's shares rose 19%.
