Facebook Stock Has An Explosive Open This Morning Following Its Big Earnings Beat

RELATED QUOTES

SymbolPriceChange
FB78.79-0.20

Mark Zuckerberg Facebook

Reuters/Rick Wilking

Facebook's stock was up 26% shortly after today's opening bell following a glowing earnings report from the company yesterday.

Most importantly, Facebook showed significant revenue growth in mobile ads, which accounted for 41% of the company's ad revenues last quarter.

In Q1 2013, Facebook reported $375 million in mobile ad revenue. That figure skyrocketed to $656 million in Q2 of this year.

We've seen some speculation on Twitter today that Facebook could hit its original $38 per share IPO price again.



More From Business Insider

--

Did you know that you can get stories like this on the Yahoo mail app?
Download it here.
Loading...
 
Recent Quotes
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
 
Sign-in to view quotes in your portfolios.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.3323+0.0032+0.24%
    USDSGD=X
    1.4862-0.0022-0.15%
    EURSGD=X
    2.0141+0.0021+0.10%
    GBPSGD=X
    90.1835-0.2499-0.28%
    SGDJPY=X
    5.8190-0.0128-0.22%
    SGDHKD=X
    2.6999-0.004-0.15%
    SGDMYR=X
    9,765.4492-19.752-0.20%
    SGDIDR=X
    4.6614-0.0137-0.29%
    SGDCNY=X
    1.0452+0.0036+0.35%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,188.50+14.00+1.19%
    GCM15.CMX
    16.50+0.37+2.29%
    SIN15.CMX
    73.41+0.22+0.30%
    ^XAU
    2.92-0.01-0.31%
    HGN15.CMX
    58.77-0.38-0.64%
    CLM15.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.510.00
    ^FVX
    2.13+0.02
    ^TNX
    2.86+0.04
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.290.000.00%
    5WA.SI
    0.41-0.01-2.38%
    E5H.SI
    0.855-0.010-1.16%
    N21.SI
    0.74+0.03+3.50%
    Y92.SI
    4.38-0.05-1.13%
    Z74.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.36+0.06+20.00%
    R14.SI
    0.12+0.02+17.65%
    E25.SI
    0.165+0.020+13.79%
    T19.SI
    0.755+0.090+13.53%
    41E.SI
    0.135+0.015+12.50%
    T77.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.15-0.05-25.00%
    E6A.SI
    0.089-0.017-16.04%
    Q0W.SI
    0.198-0.032-13.91%
    5RE.SI
    0.139-0.020-12.58%
    5IF.SI
    0.35-0.05-12.50%
    Y06.SI