Tuesday, November 27, 2012

Facebook Rises on Advertising Revenue Growth Potential

 http://www.bloomberg.com/news/2012-11-26/facebook-rises-on-revenue-growth-potential-san-francisco-mover.html

Facebook rose to the highest price in four months after an analyst at Sanford C. Bernstein & Co. said that investors have been underestimating sales growth potential for the world’s largest social network.
The shares gained 8.1 percent to $25.94 at 4 p.m. in New York, the highest close since July 26. The stock has declined 32 percent since an initial public offering in May.

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