Against the background of the launch of the Facebook search system, the company's quotes reached a record high of $ 100

Source: Bloomberg

On Friday, October 23, at the start of trading in New York, the price per share of Facebook rose above $ 100. The company's market capitalization exceeded $ 280 billion.

Since September 2012, Facebook’s total capitalization has increased by 451%. The company ranked fourth in the list of growth rates in the Standard & Poor's 500 index, Bloomberg notes . The list includes 110 companies with stock prices above $ 100.
')
A high growth rate of Facebook stock prices began in July 2015. But then, to achieve the mark of $ 100 per share, the company lacked a 1.7% growth.

At 5:00 pm Moscow time, the Facebook share was worth $ 101.82, which is 2.2% more than at the end of October 22 bidding. The cost of the paper at the end of the IPO, held in May 2012, was $ 38.

About a year ago, through the Facebook search box, it became possible not only to search for other users, but also to search for messages from friends. From today, Facebook has taken another step forward and launched a full-text search on all 2 trillion posts on the social network, published since its launch. This is probably the reason for the new jump in quotations, which led to the achievement of a record.

Earlier, the social network has become a champion in terms of achieving a market capitalization of $ 250 billion. Currently, the Facebook stock market is considered a high-tech giant along with Alphabet (owned by Google), Apple , Amazon and Microsoft . Social network is the seventh largest company in the world.

The search engine Bing, developed by Microsoft Corporation, for the first time since its existence has reached a payback period. After the publication of this information, together with the quarterly reporting, the stock price of Microsoft rose to $ 52 per security. This is a 15-year record, the last time the shares of the Redmond giant reached this mark in 2000.