Facebook IPO was one of the most talked about things in tech last year, for all the wrong reasons of course.
The social network saw its IPO price halved in a matter of weeks, dipping below $18 at one point. However, things seem to be looking up for Zuckerberg’s gang of misfits.
Facebook's stock rallied Wednesday, crossing the $30 mark once again. It still has a long way to go before it reaches the IPO price, but given the tons of bad press Facebook got after the IPO, anything north of $30 is great news.
In related news, the company also issued a press invitation for a mysterious event next week. Hopefully it’s not about to launch a phone.