Facebook gained as much as 3.1 per cent in early trading amid speculation that the world’s largest social network may be added to the Standard & Poor’s 500 Index.
The shares increased as high as $24.01 as of 8:53am in New York. Before today, Facebook had dropped 39 per cent since an initial public offering in May 2012.
With a current market value of almost $60 billion, Menlo Park, California-based Facebook is likely to join the...
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