Instant Alert: Facebook's stock is cruising at an all-time high

MANAGE SUBSCRIPTIONS   |   UNSUBSCRIBE   |   VIEW ONLINE   Facebook's stock is cruising at an all-time high by Jillian D'Onfro on Jan 29, 2016, 12:11 PM Advertisement Facebook's stock is cruising at an all-time high Friday, days after the company delivered a stellar Q4 earnings report.  Wall Street drooled at the company's solid revenue growth, making the stock go buck-wild in after-hours trading on Wednesday, and the momentum has continued.  Hovering above $112, the stock is at an all time high (it officially passed its record of $109 on Thursday).  One of the striking things about Facebook's earnings report is how well the company has mastered mobile.  In 2012, only a few years ago, Facebook was making hardly any money from mobile advertising. It was only 23% of the company's ads business.  Now, 80% of its $5.6 billion in advertising revenue comes from smartphones. SEE ALSO: Facebook admits that it's worried about ad blockers   Share the latest business news with your network: Email sent to:   |   Manage your email preferences   |   Unsubscribe Terms of Service   |   Privacy Policy Business Insider. 150 Fifth Avenue, New York, NY 10011