Wall Street is finding a lot to like about Facebook.
Shares of the social network skyrocketed 16% at the market open to $62.11 after dazzling investors with its fourth quarter sales and profit forecasts.
The percentage of monthly users who log in every day is up to 62%, and the fourth quarter was the first time where more than half of Facebook’s revenue was generated from mobile.
For more on this story visit: Brett Molina, USA Today
