Facebook has good day on Wall Street

WLS logo
Friday, October 23, 2015
Facebook
FILE - A Jan. 12, 2012 file photo, shows the Facebook "like" icon displayed outside of Facebook's headquarters in Menlo Park, Calif.
kgo

NEW YORK (WLS) -- Facebook had its best Wall Street day ever on Friday.

Shares were trading at about $102 dollars on Friday -- an all-time high for the social media company.

It's a big turnaround for the company.

Less than a year ago, shares were valued at just $73.

Morgan Stanley recently listed Facebook on a list of 16 stocks to buy no matter what happens to the U.S. economy.

Copyright © 2024 WLS-TV. All Rights Reserved.