Facebook joins $1 trillion market cap club following dismissal of FTC suit

By news@appleinsider.com (AppleInsider Staff) Facebook stock surpassed the mythical $1 trillion high-water mark for the first time on Monday after a pair of antitrust lawsuits were dismissed in federal court.Shares of the social network finished up 4% at $355.64 at the close of trading, giving the company a market cap of just over $1 trillion.Hours before trading was halted, a federal court granted Facebook’s request …

Source:: Apple Insider