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December 5, 2012 08:21 am GMT
Facebook's stock price has taken a fairly consistent pummeling since its IPO on NASDAQ in May, as the company has provided its shareholders with plenty of reasons to worry about $FB. However, beginning in the third week of November, the stock began to mount a comeback, as its stock hit a four-month high on November 21st, the highest it had been since the first lockup expirations took place.In the meantime, Facebook has begun to offer answers to these questions, and it seems that NASDAQ is now poised to respond. NBC is reporting tonight that Facebook will replace Infosys on the NASDAQ 100 Index on December 12th, about seven months after its IPO.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/PLFbiW0dH7g/
Facebooks Comeback Continues: $FB Set To Replace Infosys On The NASDAQ 100 Next Week
Facebook's stock price has taken a fairly consistent pummeling since its IPO on NASDAQ in May, as the company has provided its shareholders with plenty of reasons to worry about $FB. However, beginning in the third week of November, the stock began to mount a comeback, as its stock hit a four-month high on November 21st, the highest it had been since the first lockup expirations took place.In the meantime, Facebook has begun to offer answers to these questions, and it seems that NASDAQ is now poised to respond. NBC is reporting tonight that Facebook will replace Infosys on the NASDAQ 100 Index on December 12th, about seven months after its IPO. Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/PLFbiW0dH7g/
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