Facebook Is Top Position of Firsthand Technology and 2 Other Hot Stocks to Watch
Facebook, Inc. (NASDAQ:FB): Current price $47.88
On Tuesday, the publicly-traded venture capital fund Firsthand Technology Value Fund, Inc., which invests in tech and cleantech firms, disclosed that its top positions as of September 30 were Facebook, Twitter, AliphCom, Sunrun, Pivotal Systems, QMAT, and Wrightspeed. The Fund’s investment in Facebook was comprised of 600,000 shares of common stock and represented around 13.4 percent of the Fund’s gross assets. Meanwhile, Facebook shares are down about 4 percent in heavy morning trading on Tuesday.