Showing posts with label Apple (AAPL) Market Capitalization. Show all posts
Showing posts with label Apple (AAPL) Market Capitalization. Show all posts

Saturday, 19 May 2012

Facebook Facing The Book!

facebook-intraday-chart


On Friday, Facebook (FB) started trading at around the $42 marker and dropped nearly $2 by closing down at $38.23, just gaining 23 cents, under 1% on its IPO prices of $38.

The Shares have got a long way to go to catch up with the market capitalization of the likes of the mighty Apple (AAPL), which despite having lost nearly 17% of its value since the first week in April, still can boast a market valuation of nearly 5 times that of Facebook (FB) at nearly $500 billion as per closing prices of yesterday.

The 17% that Apple (AAPL) has lost since 9 April from its market value, was more than the total market capitalization of Facebook (FC)!

aapl intraday trading chart

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