Facebook Stock Gets A Lift As Dow Gains

June 6, 2012 8:32 AM

There are Facebook pages and then there are Facebook pages! Here is a look at the Top 20 Most Engaging Facebook pages on Feb. 6, 2012 according to All Facebook. The ranking is based on the number of time followers interact with the Facebook page.

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News, Tech

NEW YORK (AP) — Facebook’s battered stock is advancing slightly along with the broader market, with the Dow Jones industrial average heading higher for the second straight day.

Shares of Facebook Inc. are up 44 cents, or 1.7 percent, to $26.31 in late morning trading Wednesday. But the stock is still down by nearly 31 percent from its initial public offering price of $38.

Facebook’s stock began trading publicly on May 18 and has been falling. Investors are concerned about its ability to keep increasing revenue and make money from its growing mobile audience, though many analysts hold upbeat long-term opinions.

Facebook, based in Menlo Park, California, has nearly a billion users.