A day after Apple's stock price set a new record, Facebook's has done the same, surpassing $80 in midday trading.
The stock price means Facebook's market capitalization is now around $208 billion, which is more than IBM ($162 billion), Amazon ($145.2 billion) and Intel ($162.3 billion.) The previous high for the stock was $79.04 on Sept. 30. Facebook seems to be enjoying a surge in the market over the past few days, which followed a freefall earlier this month. Around noon EST, the Dow Jones Industrial Average was up about 250 points or 1.5%.
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Facebook's stock price is up 10% over the past week. For the year, the price has risen 46%.
[img src="http://media.ycharts.com/charts/261e64e8e53168c2a82a9a079265022f.png" caption="" credit="" alt="FB Chart"]FB data by YCharts
Apple, which broke $104 on Wednesday, rose as high as $105.05 on Thursday. Not everyone was enjoying the surge: Yelp, which gave lower-than-expected guidance for its next quarter, was down around 16%. Facebook rival Twitter is also down about 21% year to date.