Facebook closes above $38 a share IPO price

Initial Facebook investors are finally in the black.

Shares of the No. 1 social networking firm Thursday rose $0.56, or 1.5%, to close at $38.05. It was the first time the stock has closed above its $38 a share offering price since the days following its initial public offering in

Read the complete story: http://www.usatoday.com/story/money/markets/2013/08/02/facebook-38-ipo-price/2613565/