Facebook’s stock is above $38 a share in pre-market trading.
This is the first time the stock has been above $38 since the first day of the stock’s trading.
The next day, though, Morgan couldn’t keep it up. The stock went under $38 and sank from there.
It went as low as $17.58 last September. Until last week, it was around $26, which is where it had been for the bulk of the year.
But then, a twist.
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