Printed from http://www.electronista.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 Electronista Staff
Post tools:

TAGS :

toggle

Comments

Login Here

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

toggle

Network Headlines

toggle

Most Popular

Advertisement

Recent Reviews

Apple 13-inch MacBook Pro (Early 2015)

Although the new darling of the Apple MacBook line up is the all-new MacBook, Apple has given its popular 13-inch MacBook Pro with Ret ...

Seagate Wireless

It seems like no matter how much internal storage is included today's mobile devices, we, as users, will always find a way to fill the ...

Lenovo Yoga Tablet 2 (Android, 10.1-inch)

Lenovo is building a bigger name for itself year after year, including its devices expanding beyond desktop computers. The company's l ...

Advertisement

toggle

Most Commented

 
toggle

Popular News