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Facebook stock soars
 
The Facebook "like" symbol at the company's headquarters in Menlo Park, Calif.: The social network is reportedly testing a new button that would appear on websites for retailers like Pottery Barn, giving users the option to "want" items and make them show up on their News Feed.
The Facebook "like" symbol at the company's headquarters in Menlo Park, Calif.: The social network is reportedly testing a new button that would appear on websites for retailers like Pottery Barn, giving users the option to "want" items and make them show up on their News Feed.
Justin Sullivan/Getty Images

Facebook's stock on Wednesday climbed 21 percent to close at $23.57, its best one-day performance since the company debuted on the stock market in May. Investors were elated by the news that Facebook had made $150 million in revenue from mobile ads in the third quarter, an indication that the social network had figured out a way to make money from people using Facebook on their smartphones. 

 

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