Facebook hits an all-time high ahead of earnings (FB)

facebook ceo cofounder mark zuckerbergChip Somodevilla/Getty Images

Facebook’s stock price reached an all-time high of $216.30 in early trading Wednesday.
The social network will report second-quarter earnings after the closing bell.
Follow Facebook’s stock price in real-time here. 

Facebook rose as much as 0.7% in trading Wednesday to hit a new record high of $216.30 a share as the social media giant prepares to report its second-quarter earnings after the closing bell.

Analysts polled by Bloomberg expect the social-media giant to report adjusted earnings of $2.01 a share on revenue of $13.33 billion, both above last quarter as well as the same period of 2017.See the rest of the story at Business Insider

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