toggle

AAPL Stock: 112.94 ( -0.36 )

Printed from http://www.macnn.com

Facebook stock buoyed by mysterious email invitation

updated 10:27 pm EST, Wed January 9, 2013

Some sort of Facebook announcement scheduled for January 15

The stock price of Facebook has surged to over $30 in the last 48 hours, apparently due to the social network sending out invitations to "come and see what we're building" this coming Tuesday in its Menlo Park, California headquarters. The share price surge marks a high mark for the stock since at least July.

Electronista contacted Facebook seeking more details on the event, but was rebuffed. Speculation is varied, but the general consensus points to the long-rumored introduction a Google-like search function integrated into Facebook user feeds, accessible with a single click.

Facebook's precipitous decline in its stock stopped in November, with a slow climb back up since then. Several stock "lockup" periods have passed without a mass selloff of stock by insiders and other early owners of the stock as was feared.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

ZTE Spro 2 Smart Projector

Home theaters are becoming more and more accessible these days, but maybe you've been a bit wary about buying a home projector. And h ...

MSI Geforce GTX 970 100ME

When Nvidia announced a new line of video cards in September 2014, many people thought things would continue to be business as usual i ...

Wren V5US Wireless Sound System

If you're a music fanatic, chances are you are, by extension, a bit fanatical about what you listen to your music on. If you're like ...

toggle

Most Commented