Facebook Valued at $82.9B Topping Amazon (AMZN), Trails Only Google (GOOG)
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According to secondary exchange SharesPost Inc., the value of Facebook Inc. has jumped 40 percent since $82.9 billion, making the social-networking company the second-largest Internet company in U.S.
The value of Facebook jumped past Amazon.com Inc. (NASDAQ: AMZN), which saw shares drop as much as 9.5 percent on Friday after disappointing quarterly sales, dropping the value of the online retailer down to $75.2 billion.
Facebook is still eclipsed by Google Inc. (NASDAQ: GOOG), which is the largest Internet search company and valued at $192 billion.
Shares of Facebook have sold for as much as $60 apiece on SharesPost this month, which at this level would be valued at $136 billion.
The value of Facebook jumped past Amazon.com Inc. (NASDAQ: AMZN), which saw shares drop as much as 9.5 percent on Friday after disappointing quarterly sales, dropping the value of the online retailer down to $75.2 billion.
Facebook is still eclipsed by Google Inc. (NASDAQ: GOOG), which is the largest Internet search company and valued at $192 billion.
Shares of Facebook have sold for as much as $60 apiece on SharesPost this month, which at this level would be valued at $136 billion.
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