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Why is Facebook share price rising?
02-24-2014, 10:41 PM
Post: #1
Jamil Offline
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Why is Facebook share price rising?
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?
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02-24-2014, 10:47 PM
Post: #2
Who Offline
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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.
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02-24-2014, 10:54 PM
Post: #3
Delboy Offline
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There are more people using facebook
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