Facebook's Market Cap Tops $100 Billion

Facebook is a $100 billion company again.

The social networks's market cap topped $100 billion Monday, peaking at around $101 billion in early trading, according to data provided to Mashable by FactSet.

Facebook had been valued at $100 billion on the second market in the month prior to going public in May 2012. The company initially raised $16 billion from its IPO, valuing it at just more than $104 billion. However, its market cap declined rapidly in the following months

The stock hit a low of $17.55 in early September on lingering concerns about its ability to transition to mobile and some notable Facebook insiders selling off stock. As a result, Facebook's market cap dropped below $50 billion Read more...