IPO failures? Who, us? On Wednesday, Facebook's stock soared 15 percent, making it the second quarter that has seen numbers bump up by double-digit percentages and beat analysts' forecasts. Sales in the third-quarter have risen 60 percent in the year, now topping $2 billion, and earning the company $621 million. That's double Facebook's profits at a similar time last year. The social networking site has 1.2 billion monthly active users.
Read it at CNN
