Facebook Shares Trading At A $17 Billion Valuation

Looking to purchase shares of Facebook stock? Shares have been actively trading between $38 and $40 which gives Facebook a valuation of approximately $17 billion, more than the $15 billion valuation Microsoft first purchased shares for in October of 2007. It appears that shares have been sitting in this range for the past month or so.

Most trades currently take place through SecondMarket, a company responsible for generating a market around typically illiquid assets. While the volume of trades is completely unknown, Facebook’s stock has been sitting at the $38 to $40 price for the past month or so. While Facebook stock is not the type of thing you can day trade, due to the fees and time involved in transactions, many investors have seen a great return in just the past 6 months.