SUBSCRIBERS
Facebook sets speed record for breaching US$250b market cap
Add BT as a preferred sourcePublished Tue, Jul 14, 2015 · 09:50 PM
New York
IT SEEMS like just yesterday that Facebook went public. Now its market value has topped US$250 billion.
The social network company's 2.4 per cent climb to a record close on Monday made it the first company in the Standard & Poor's 500 Index to breach that market cap so quickly. The previous record holder was Google, which took about eight years.
Share with us your feedback on BT's products and services
