Zuckerberg appearance helps propel stock above $20 for first time in 4 weeks
Facebook shares closed at $20.93 today, up more than 7.7 percent since Tuesday when CEO Mark Zuckerberg appeared for an interview at TechCrunch Disrupt SF.
Zuckerberg took the stage after market hours ended Tuesday, but shares were up 3 percent in after-hours trading. Today the stock gained $1.50, bringing it above $20 for the first time in four weeks. Investors seemed to gain some confidence in Facebook after Zuckerberg spoke candidly and confidently about the company’s mobile future and eventual foray into search.
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