Bank of America: This means that, as of Friday morning, the social network is now worth more, at least on paper, than Toyota $189bn , AT T $184bn , Coca-Cola $180bn , Disney $150bn and even Bank of America $164bn , according to The Guardian. The total value of a publicly-listed company is pretty easy to work out: you just take its share price, and multiply it by the number of shares it has issued. That tells you what investors think its worth its the price where buyers and sellers equal out and After so many years of economic gloom, its nice to have some good news. On Thursday, such tidings came in the form of a surge in the valuation of Facebook, which climbed to more than $192bn in the wake of good first-quarter earnings. How could that have happened? Valuing a company
(news.financializer.com). As
reported in the news.
Tagged under share price, the social network topics.