Facebook stock price jumps

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Source: Dukascopy Bank SA


On Monday, June 28, the stock price of Facebook surged by 4.43% or $15.20. By doing so, the company's total valuation reached above one trillion USD.

The surge of the stock was caused by the announcement that a US Judge had dismissed state and federal antitrust claims against Facebook, which wanted the company to sell WhatsApp and Instagram.

In the meantime take into account that a string of news about expansion have been propelling the price of the stock up. Since March 8, the stock price has gained more than 40.00%.

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