On June 19 the Facebook shares jumped up in three seconds. According to the MarketWatch, Eric Hunsader, the founder of the financial research firm Nanex, which provides traders with real-time data, was the first who paid attention to the leap in value of securities.
Mr Hunsader said that in three seconds the social networking company’s stocks increased from $24.4 to $25.19. After that, the value returned to the initial level. During this small period of time, about 2 million shares were traded on stock exchange.
On June 19 the Facebook stocks got to close at $24.22 a share.
On May 2012, when the social network held its Initial Public Offering (IPO), the offering price of its stocks was $38 per share. Then the securities start getting cheaper, and by September they fell below $18 apiece. Later the Facebook Inc. stock rose in price, but still has not achieved the IPO level.
