Facebook Inc Tops $200 Billion In Value: Is a Market Top Far Behind?

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 Bloomberg report noted. When Facebook first launched into public stock trading with an initial public offering in May of 2012, the lack…