Facebook Inc Tops $200 Billion In Value: Is a Market Top Far Behind?Mark Melin
Facebook, an information sharing application that allows ordinary American’s to post everything from pictures of themselves to news regarding their latest restaurant experience, now has a market capitalization exceeding $200 million.
Facebook now ranks as the 22nd largest company in the world
With the stock closing at $77.89 per share, the company is now valued at $201.6 billion, making it the 22nd largest company in the world, ahead of Toyota Motor Corporation and just behind Verizon Communications, a exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
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