Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
September 12, 2012 06:50 pm GMT

Zuckerberg Adds $2.8 Billion to Facebooks Market Cap Overnight


Ah, the power of Zuckerberg.

Facebook's stock price was up nearly 7% as the market opened on Wednesday, following CEO Mark Zuckerberg's interview with TechCrunch the night before, his first interview since the company went public.

The company's market cap was $44.4 billion when the stock market opened (it has since dropped down slightly to just below $44 billion). When the stock closed at 4 pm yesterday, one hour before Zuckerberg took the stage, the company's market cap was roughly $41.6 billion. That means Zuck added $2.8 billion to Facebook's market cap overnight. Not too bad for an interview that only lasted for about half an hour.

Image courtesy of Flickr, Andrew Feinberg

More About: Facebook, mark zuckerberg


Original Link: http://feeds.mashable.com/~r/Mashable/~3/B7FWdjd5mrk/

Share this article:    Share on Facebook
View Full Article

Mashable

Mashable is the top source for news in social and digital media, technology and web culture.

More About this Source Visit Mashable