Facebook shares on the rise

 

For the first time in a while, Facebook shares have risen. Over the past month or so, the shares have continued to decrease in value, possibly due to other Social networking sites gaining more popularity (e.g.: Facebook users not liking the new timeline and/or chat system). The graph opposite shows the change in Facebook shares from May 18th until September 12th.

Over the past 8 days (Sept. 4th to 12th), Facebook shares have increased in value by 118%, from $17.73 per share upto $20.93 per share, which is an increase of $3.2 per share. Facebook shares made a large increase since the interview with Mark Zuckerburg on Tuesday (12th Sept.). The interview was to 'calm down' worried investers in the company.

As of September 12th, Facebook shares are worth $20.93, which is 55% of what they were worth when trading first begun, and 46.5% of their peak in value.

The most popular features of Facebook are searches, finding friends and using apps. These features are constantly being updated to gain more popularity and make them easier to use.
Since the release of Twitter and Google Plus, Facebook has had competition to be the best Social Networking media on the Internet. Now can Facebook bring up it's share values and increase the number of people that use it, and still be the dominant socal networking site? Only time will tell. Maybe Zuckerburg's speech has been the turning point of Facebook's history.