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+-- Forum: Facebook forums (/forum-14.html)
+--- Forum: General facebook and life forums (/forum-25.html)
+--- Thread: Why is Facebook share price rising? (/thread-104483.html)
Why is Facebook share price rising? - Jamil - 02-24-2014 10:41 PM
When Facebook became public it was trading at almost $40 a share and people were going bonkers asserting that trading at 100x earnings would never be sustained. So why is Facebook now trading at $60 a share? What's the hype?
As far as face books intrinsic value goes, analysts have suggested a figure around the $10 region. So why is it trading so high?
- Who - 02-24-2014 10:47 PM
cos people want to buy it
ALL shares on the stock exchange are traded at a price people THINK will increase in future
TODAYS value of a company and therefore its share price has nothing to do with it. TODAYS price is history.
- Delboy - 02-24-2014 10:54 PM
There are more people using facebook