The technology industry is one of the most exciting areas of the financial market. Between new products and company rivalries, there never seems to be a shortage of highly debated issues. We are only a few days into the new year, but there are already notable moves being made among top tech names.
The world’s largest social-media giant suffered a plunge after going public in May of last year, but has seen a recent surge in its stock price.
In the past two months, Facebook has jumped more than 60 percent. On Wednesday, shares broke through the $30 level for the first time in six months. The company stirred anticipation and predictions by sending out invitations for a press event next week, which simply stated, “Come and see what we’re building.” Despite Mark Zuckerberg denying rumors last year, some believe Facebook will unveil a smartphone, while others predict more features on the site, such as music or search.
Other companies are also on the move…