{"id":52985,"date":"2012-06-19T11:57:14","date_gmt":"2012-06-19T09:57:14","guid":{"rendered":"http:\/\/mybroadband.co.za\/news\/?p=52985"},"modified":"2012-06-19T12:32:19","modified_gmt":"2012-06-19T10:32:19","slug":"facebook-stock-bouncing-back","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/technology\/52985-facebook-stock-bouncing-back.html","title":{"rendered":"Facebook stock bouncing back"},"content":{"rendered":"<p><strong><\/strong><a title=\"Facebook\" href=\"http:\/\/mybroadband.co.za\/vb\/showthread.php\/348566-Facebook\">Facebook\u2019s<\/a> share price has risen significantly in the last week, putting faith back into the company\u2019s public trade survival.<\/p>\n<p>The stocks have seen a 15 percent rise in less than a week, as of last Wednesday, the social network\u2019s stock stood at $27.24 (R225.65*), and closed yesterday (June 18) at $31.41 (R260.19*)<\/p>\n<p>So far, Facebook have recouped more than $10 billion from their $35 billion market capitilisation it lost during the rocky IPO.<\/p>\n<p>Facebook has also recently put in a bid to buy Face.com, a facial-recognition service, in order for the company to implement a system to automatically recognise and tag photos.<\/p>\n<h5>*Exchange rates calculated at time of publication.<\/h5>\n<h5>Source: <a href=\"http:\/\/news.cnet.com\/8301-33617_3-57455443-276\/facebooks-stock-is-bouncing-back-for-now\/\" target=\"_blank\">Cnet<\/a><\/h5>\n<h3 class=\"my-4\">Related articles:<\/h3>\n<p><a href=\"http:\/\/mybroadband.co.za\/news\/business\/52939-facebook-to-buy-facial-recognition-startup.html\" target=\"_blank\"><strong>Facebook to buy facial-recognition startup<\/strong><\/a><\/p>\n<p><strong><a title=\"Facebook settles R82.7 million lawsuit\" href=\"http:\/\/mybroadband.co.za\/news\/business\/52821-facebook-settles-r82-7-million-lawsuit.html\">Facebook settles R82.7 million lawsuit<\/a><\/strong><\/p>\n<p><strong><a title=\"Facebook asks for your number\" href=\"http:\/\/mybroadband.co.za\/news\/quick-news\/52735-facebook-asks-for-your-number.html\">Facebook asks for your number<\/a><\/strong><\/p>\n<p><strong><a title=\"Facebook consolidates lawsuits, shifts IPO blame to NASDAQ\" href=\"http:\/\/mybroadband.co.za\/news\/general\/52703-facebook-consolidates-lawsuits-shifts-ipo-blame-to-nasdaq.html\">Facebook consolidates lawsuits, shifts IPO blame to NASDAQ<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Share price rises after troublesome period<\/p>\n","protected":false},"author":340900,"featured_media":52153,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[17],"tags":[161,11789,12065],"class_list":["post-52985","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-facebook","tag-facebook-ipo","tag-facebook-share-price"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/52985"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/340900"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=52985"}],"version-history":[{"count":1,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/52985\/revisions"}],"predecessor-version":[{"id":52993,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/52985\/revisions\/52993"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/52153"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=52985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=52985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=52985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}