At one point not too long ago, it seemed as if the Facebook share price would be in a continued downward spiral. However, over recent weeks, it has provided resilient, rising up to over $30 each.
Explaining the phenomenon, Forbes believes there are five reasons for this surge in Facebook’s share price: something new is inbound, an acceleration in advertising revenue growth, mobile advertising hopes, acquisitions and fourth quarter earnings due at the end of January.
Read more at Forbes.com.