Facebook Hits $100 a Share
- Company joins 109 others in S&P 500 with triple-digit price
- It already tested and failed to break the level in mid-July
Facebook Hits $100: Can It Keep Up the Momentum?
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It’s another first for Facebook Inc.’s stock: a third digit.
Already the fastest company ever to reach $250 billion in market value, the social network operator has jumped over $100 a share, capping a 476 percent rally since September 2012 for the third-best performance in the Standard & Poor’s 500 Index.