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Facebook shares hit record high
There’s something to be said about allowing a stock to mature before you sell it and no tech stock proves that more than Facebook currently is.
Shares in the social network on Wednesday surged to an all-time high, hitting US$$45.05.
As AllThingsD notes, it’s stock has actually gone up over 70% in the last couple of months.
In August, the stock climbed back to the levels it debuted at last year on the back of a solid set of Q2 financial results.
When that happened, many first day investors would’ve been tempted to sell and at least make their money back. Those who stayed on however may now be tempted to ride the trend for as long as possible.