Facebook's good word on mobile sends shares soaring
Facebook investors finally have something to celebrate.
The social network's shares have soared in early trading today, jumping 23 percent to nearly $24. Facebook closed the day yesterday at $19.50.
For a stock that has slid and slid since IPO day in May, the jump marks the biggest single-day gain yet for Facebook.
Investors are responding favorably to Facebook's better-than-expected third-quarter earnings report that came out yesterday. The company revealed that its adjusted earnings per share hit 12 cents during the period that ended September 30, beating analyst estimates by a penny. Facebook's revenue rose 32 … Read more