STOCK SURGE: Facebook‘s stock gained the most in a single day since its May IPO, closing up 19 percent, or $ 3.73, at $ 23.23 Wednesday.
MOBILE RELIEF: Several analysts upgraded the social network after its third-quarter results were posted Tuesday, which detailed for the first time how much money it makes from mobile ads. Mobile had been a concern since before the company’s initial public stock offering.
STILL DOWN: Despite Wednesday’s gain, Facebook remains 39 percent off its IPO price of $ 38.
Social Media News Headlines – Yahoo! News
News Summary: Facebook stock surges
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News Summary: Facebook stock surges
